Invesco Next Gen Media and Gaming ETF (NYSEARCA:GGME – Get Free Report) saw a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 350 shares, a decline of 79.5% from the July 30th total of 1,709 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 4,868 shares, the short-interest ratio is presently 0.1 days.
Invesco Next Gen Media and Gaming ETF Stock Down 0.2%
Shares of NYSEARCA GGME traded down $0.11 during mid-day trading on Friday, hitting $64.18. 946 shares of the company traded hands, compared to its average volume of 14,515. Invesco Next Gen Media and Gaming ETF has a 1 year low of $49.02 and a 1 year high of $66.18. The stock has a market capitalization of $468.51 million, a price-to-earnings ratio of 33.42 and a beta of 1.24. The business has a 50 day moving average of $61.81 and a two-hundred day moving average of $57.94.
Institutional Trading of Invesco Next Gen Media and Gaming ETF
Hedge funds have recently bought and sold shares of the company. Jane Street Group LLC acquired a new position in shares of Invesco Next Gen Media and Gaming ETF in the fourth quarter worth about $367,000. Wellington Shields & Co. LLC raised its holdings in shares of Invesco Next Gen Media and Gaming ETF by 12.7% during the fourth quarter. Wellington Shields & Co. LLC now owns 6,687 shares of the company’s stock valued at $398,000 after acquiring an additional 754 shares during the period. O Shaughnessy Asset Management LLC acquired a new stake in shares of Invesco Next Gen Media and Gaming ETF during the fourth quarter valued at approximately $84,000. Flow Traders U.S. LLC purchased a new stake in shares of Invesco Next Gen Media and Gaming ETF in the 2nd quarter valued at approximately $267,000. Finally, Sunbelt Securities Inc. purchased a new stake in shares of Invesco Next Gen Media and Gaming ETF in the 3rd quarter valued at approximately $350,000.
Invesco Next Gen Media and Gaming ETF Company 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. GGME was launched on Jun 23, 2005 and is issued by Invesco.
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