Invesco AI and Next Gen Software ETF (NYSEARCA:IGPT) Position Raised by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC raised its position in shares of Invesco AI and Next Gen Software ETF (NYSEARCA:IGPT) by 27.8% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 10,841 shares of the company’s stock after purchasing an additional 2,358 shares during the quarter. Wealth Enhancement Advisory Services LLC owned about 0.11% of Invesco AI and Next Gen Software ETF worth $490,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IGPT. Members Advisory Group LLC lifted its stake in Invesco AI and Next Gen Software ETF by 251.5% during the fourth quarter. Members Advisory Group LLC now owns 216,753 shares of the company’s stock valued at $9,804,000 after purchasing an additional 155,085 shares during the last quarter. RFG Bristol Wealth Advisors LLC acquired a new stake in shares of Invesco AI and Next Gen Software ETF during the 4th quarter valued at $9,361,000. Bank of America Corp DE lifted its position in shares of Invesco AI and Next Gen Software ETF by 7.9% during the 4th quarter. Bank of America Corp DE now owns 185,722 shares of the company’s stock valued at $8,400,000 after acquiring an additional 13,596 shares during the last quarter. Marshall Investment Management LLC bought a new stake in shares of Invesco AI and Next Gen Software ETF during the 4th quarter worth $5,214,000. Finally, Cetera Investment Advisers boosted its stake in shares of Invesco AI and Next Gen Software ETF by 3.0% during the 4th quarter. Cetera Investment Advisers now owns 48,063 shares of the company’s stock worth $2,174,000 after acquiring an additional 1,382 shares in the last quarter.

Invesco AI and Next Gen Software ETF Stock Down 0.4%

Shares of Invesco AI and Next Gen Software ETF stock opened at $46.86 on Friday. Invesco AI and Next Gen Software ETF has a 12-month low of $33.80 and a 12-month high of $50.00. The firm has a market capitalization of $439.55 million, a PE ratio of 26.57 and a beta of 1.08. The stock’s fifty day moving average is $42.43 and its 200-day moving average is $44.55.

Invesco AI and Next Gen Software ETF Company 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.