Park Avenue Securities LLC Makes New $258,000 Investment in Invesco AI and Next Gen Software ETF $IGPT

Park Avenue Securities LLC purchased a new stake in shares of Invesco AI and Next Gen Software ETF (NYSEARCA:IGPT) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 5,255 shares of the company’s stock, valued at approximately $258,000. Park Avenue Securities LLC owned 0.05% of Invesco AI and Next Gen Software ETF at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Cheviot Value Management LLC bought a new position in Invesco AI and Next Gen Software ETF during the 1st quarter worth about $32,000. Atala Financial Inc purchased a new stake in shares of Invesco AI and Next Gen Software ETF in the 1st quarter worth approximately $49,000. Crowley Wealth Management Inc. bought a new position in shares of Invesco AI and Next Gen Software ETF during the first quarter valued at approximately $68,000. Focus Financial Network Inc. purchased a new position in Invesco AI and Next Gen Software ETF during the second quarter valued at approximately $207,000. Finally, Concurrent Investment Advisors LLC purchased a new position in Invesco AI and Next Gen Software ETF during the first quarter valued at approximately $222,000.

Invesco AI and Next Gen Software ETF Stock Up 1.3%

Invesco AI and Next Gen Software ETF stock opened at $54.74 on Thursday. The firm has a market cap of $541.93 million, a P/E ratio of 28.76 and a beta of 1.09. The business has a fifty day moving average of $51.73 and a two-hundred day moving average of $46.73. Invesco AI and Next Gen Software ETF has a twelve month low of $33.80 and a twelve month high of $55.14.

About Invesco AI and Next Gen Software ETF

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.