Citadel Advisors LLC Sells 15,553 Shares of Invesco Next Gen Media and Gaming ETF $GGME

Citadel Advisors LLC reduced its stake in Invesco Next Gen Media and Gaming ETF (NYSEARCA:GGME) by 45.1% during the second quarter, HoldingsChannel reports. The firm owned 18,962 shares of the company’s stock after selling 15,553 shares during the period. Citadel Advisors LLC’s holdings in Invesco Next Gen Media and Gaming ETF were worth $1,142,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Kestra Advisory Services LLC purchased a new position in Invesco Next Gen Media and Gaming ETF in the 4th quarter worth approximately $39,000. Wellington Shields & Co. LLC lifted its holdings in shares of Invesco Next Gen Media and Gaming ETF by 12.7% during the 4th quarter. Wellington Shields & Co. LLC now owns 6,687 shares of the company’s stock worth $398,000 after acquiring an additional 754 shares during the last quarter. &PARTNERS increased its stake in Invesco Next Gen Media and Gaming ETF by 18.5% in the fourth quarter. &PARTNERS now owns 4,841 shares of the company’s stock valued at $288,000 after acquiring an additional 757 shares during the last quarter. O Shaughnessy Asset Management LLC purchased a new stake in Invesco Next Gen Media and Gaming ETF during the fourth quarter valued at about $84,000. Finally, Janney Montgomery Scott LLC lifted its stake in Invesco Next Gen Media and Gaming ETF by 2.3% during the fourth quarter. Janney Montgomery Scott LLC now owns 66,756 shares of the company’s stock worth $3,977,000 after purchasing an additional 1,532 shares during the last quarter.

Invesco Next Gen Media and Gaming ETF Trading Down 0.5%

Shares of NYSEARCA GGME opened at $63.84 on Friday. The stock has a market cap of $466.03 million, a price-to-earnings ratio of 33.42 and a beta of 1.25. 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’s 50-day moving average is $62.65 and its 200 day moving average is $58.71.

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. GGME was launched on Jun 23, 2005 and is issued by Invesco.