Invesco AI and Next Gen Software ETF (NYSEARCA:IGPT) Stock Position Lifted by Private Advisor Group LLC

Private Advisor Group LLC boosted its stake in shares of Invesco AI and Next Gen Software ETF (NYSEARCA:IGPT) by 16.7% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 16,559 shares of the company’s stock after purchasing an additional 2,366 shares during the period. Private Advisor Group LLC owned about 0.24% of Invesco AI and Next Gen Software ETF worth $753,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IGPT. Commonwealth Equity Services LLC lifted its stake in Invesco AI and Next Gen Software ETF by 351.7% in the second quarter. Commonwealth Equity Services LLC now owns 61,426 shares of the company’s stock valued at $2,917,000 after acquiring an additional 47,827 shares during the last quarter. Cetera Investment Advisers acquired a new stake in Invesco AI and Next Gen Software ETF in the first quarter valued at approximately $2,030,000. Cetera Advisors LLC acquired a new stake in Invesco AI and Next Gen Software ETF in the first quarter valued at approximately $1,289,000. EP Wealth Advisors LLC acquired a new stake in Invesco AI and Next Gen Software ETF in the first quarter valued at approximately $1,116,000. Finally, Members Advisory Group LLC acquired a new stake in Invesco AI and Next Gen Software ETF in the second quarter valued at approximately $1,152,000.

Invesco AI and Next Gen Software ETF Stock Up 0.4 %

NYSEARCA IGPT opened at $45.26 on Friday. The stock has a market capitalization of $307.77 million, a PE ratio of 38.61 and a beta of 1.54. The company has a 50 day moving average price of $44.74 and a two-hundred day moving average price of $44.99. Invesco AI and Next Gen Software ETF has a 12-month low of $32.58 and a 12-month high of $50.00.

About Invesco AI and Next Gen Software ETF

The Invesco AI and Next Gen Software ETF (IGPT) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks an index of securities that derive more than 50% of their revenue to the future media industry. These components may be from any market-cap, and from any geography.