Envestnet Asset Management Inc. Purchases 3,391 Shares of Invesco AI and Next Gen Software ETF (NYSEARCA:IGPT)

Envestnet Asset Management Inc. grew its stake in shares of Invesco AI and Next Gen Software ETF (NYSEARCA:IGPT) by 45.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,927 shares of the company’s stock after acquiring an additional 3,391 shares during the quarter. Envestnet Asset Management Inc. owned about 0.12% of Invesco AI and Next Gen Software ETF worth $442,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Captrust Financial Advisors raised its holdings in shares of Invesco AI and Next Gen Software ETF by 3.1% during the fourth quarter. Captrust Financial Advisors now owns 9,200 shares of the company’s stock worth $416,000 after purchasing an additional 274 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in Invesco AI and Next Gen Software ETF by 92.6% in the 4th 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 in the last quarter. Flagship Harbor Advisors LLC raised its holdings in Invesco AI and Next Gen Software ETF by 8.3% in the 1st quarter. Flagship Harbor Advisors LLC now owns 7,511 shares of the company’s stock valued at $304,000 after acquiring an additional 574 shares during the last quarter. Atala Financial Inc purchased a new stake in Invesco AI and Next Gen Software ETF in the 1st quarter valued at $49,000. Finally, Cetera Investment Advisers raised its stake in Invesco AI and Next Gen Software ETF by 3.0% during the fourth quarter. Cetera Investment Advisers now owns 48,063 shares of the company’s stock worth $2,174,000 after purchasing an additional 1,382 shares during the period.

Invesco AI and Next Gen Software ETF Stock Down 0.3%

NYSEARCA:IGPT opened at $50.07 on Thursday. The company has a market capitalization of $495.69 million, a P/E ratio of 28.76 and a beta of 1.09. The stock’s fifty day moving average is $48.44 and its two-hundred day moving average is $45.13. Invesco AI and Next Gen Software ETF has a 52 week low of $33.80 and a 52 week high of $51.57.

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.