Invesco Next Gen Media and Gaming ETF (NYSEARCA:GGME) Stock Holdings Decreased by Brown Advisory Inc.

Brown Advisory Inc. lowered its position in shares of Invesco Next Gen Media and Gaming ETF (NYSEARCA:GGME) by 19.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,775 shares of the company’s stock after selling 1,355 shares during the quarter. Brown Advisory Inc. owned 0.23% of Invesco Next Gen Media and Gaming ETF worth $288,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in GGME. Cambridge Investment Research Advisors Inc. purchased a new stake in shares of Invesco Next Gen Media and Gaming ETF during the 1st quarter worth about $415,000. Citadel Advisors LLC bought a new position in Invesco Next Gen Media and Gaming ETF during the fourth quarter valued at approximately $628,000. Janney Montgomery Scott LLC acquired a new stake in Invesco Next Gen Media and Gaming ETF in the first quarter valued at approximately $3,196,000. MinichMacGregor Wealth Management LLC acquired a new stake in Invesco Next Gen Media and Gaming ETF in the first quarter valued at approximately $334,000. Finally, Hennion & Walsh Asset Management Inc. bought a new stake in Invesco Next Gen Media and Gaming ETF in the first quarter worth approximately $442,000.

Invesco Next Gen Media and Gaming ETF Stock Up 0.7%

Shares of Invesco Next Gen Media and Gaming ETF stock opened at $60.71 on Wednesday. Invesco Next Gen Media and Gaming ETF has a 12-month low of $41.17 and a 12-month high of $61.36. The stock has a market capitalization of $148.13 million, a P/E ratio of 33.42 and a beta of 1.23. The stock has a 50 day moving average price of $57.40 and a two-hundred day moving average price of $53.76.

Invesco Next Gen Media and Gaming ETF Profile

The Invesco Next Gen Media and Gaming ETF (GGME) is an exchange-traded fund that is based on the STOXX World AC NexGen Media index. The fund tracks an index of securities that derive a majority of their revenue to the future media industry. These components may be from any market-cap, and from any geography.