LPL Financial LLC boosted its position in shares of Invesco Next Gen Media and Gaming ETF (NYSEARCA:GGME – Free Report) by 547.1% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 100,482 shares of the company’s stock after purchasing an additional 84,953 shares during the period. LPL Financial LLC owned 4.08% of Invesco Next Gen Media and Gaming ETF worth $5,008,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. MinichMacGregor Wealth Management LLC purchased a new stake in Invesco Next Gen Media and Gaming ETF in the 1st quarter worth approximately $334,000. Western Financial Corp CA purchased a new stake in Invesco Next Gen Media and Gaming ETF in the 1st quarter worth approximately $335,000. Private Advisor Group LLC purchased a new stake in Invesco Next Gen Media and Gaming ETF in the 1st quarter worth approximately $355,000. Cambridge Investment Research Advisors Inc. purchased a new stake in Invesco Next Gen Media and Gaming ETF in the 1st quarter worth approximately $415,000. Finally, Hennion & Walsh Asset Management Inc. purchased a new stake in Invesco Next Gen Media and Gaming ETF in the 1st quarter worth approximately $442,000.
Invesco Next Gen Media and Gaming ETF Stock Up 0.8%
GGME stock opened at $63.60 on Thursday. Invesco Next Gen Media and Gaming ETF has a 12-month low of $41.17 and a 12-month high of $63.62. The company has a market cap of $158.36 million, a price-to-earnings ratio of 33.42 and a beta of 1.23. The company has a 50 day moving average of $60.27 and a two-hundred day moving average of $55.19.
About Invesco Next Gen Media and Gaming ETF
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.
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