41,232 Shares in Invesco AI and Next Gen Software ETF (NYSEARCA:IGPT) Purchased by Raymond James Financial Inc.

Raymond James Financial Inc. bought a new stake in Invesco AI and Next Gen Software ETF (NYSEARCA:IGPT) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 41,232 shares of the company’s stock, valued at approximately $1,865,000. Raymond James Financial Inc. owned about 0.61% of Invesco AI and Next Gen Software ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Wells Fargo & Company MN lifted its stake in Invesco AI and Next Gen Software ETF by 92.6% in the fourth quarter. Wells Fargo & Company MN now owns 1,034 shares of the company’s stock valued at $47,000 after purchasing an additional 497 shares during the last quarter. Steward Partners Investment Advisory LLC raised its stake in shares of Invesco AI and Next Gen Software ETF by 120.8% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 2,776 shares of the company’s stock valued at $126,000 after buying an additional 1,519 shares during the period. Collier Financial purchased a new position in shares of Invesco AI and Next Gen Software ETF during the 4th quarter valued at $204,000. Flagship Harbor Advisors LLC bought a new position in shares of Invesco AI and Next Gen Software ETF during the 4th quarter worth $314,000. Finally, Envestnet Asset Management Inc. increased its holdings in Invesco AI and Next Gen Software ETF by 13.2% in the 4th quarter. Envestnet Asset Management Inc. now owns 7,536 shares of the company’s stock worth $341,000 after acquiring an additional 879 shares during the last quarter.

Invesco AI and Next Gen Software ETF Stock Up 0.6 %

NYSEARCA IGPT opened at $40.91 on Friday. The company has a market cap of $383.74 million, a PE ratio of 26.04 and a beta of 1.08. Invesco AI and Next Gen Software ETF has a 52 week low of $33.80 and a 52 week high of $50.00. The firm’s 50-day simple moving average is $40.77 and its two-hundred day simple moving average is $44.87.

Invesco AI and Next Gen Software ETF Profile

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.