7,898 Shares in Invesco AI and Next Gen Software ETF $IGPT Bought by Founders Financial Securities LLC

Founders Financial Securities LLC purchased a new stake in shares of Invesco AI and Next Gen Software ETF (NYSEARCA:IGPT) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 7,898 shares of the company’s stock, valued at approximately $803,000.

A number of other hedge funds have also recently made changes to their positions in the business. Bank of America Corp DE boosted its stake in shares of Invesco AI and Next Gen Software ETF by 6.4% in the 1st quarter. Bank of America Corp DE now owns 153,751 shares of the company’s stock valued at $8,927,000 after purchasing an additional 9,190 shares in the last quarter. StoneCrest Wealth Management Inc. purchased a new stake in Invesco AI and Next Gen Software ETF during the 2nd quarter valued at about $7,106,000. Corient Private Wealth LP grew its position in Invesco AI and Next Gen Software ETF by 22.4% during the 2nd quarter. Corient Private Wealth LP now owns 39,168 shares of the company’s stock worth $4,077,000 after acquiring an additional 7,162 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in Invesco AI and Next Gen Software ETF by 74.5% in the second quarter. Envestnet Asset Management Inc. now owns 26,656 shares of the company’s stock valued at $2,775,000 after purchasing an additional 11,384 shares during the last quarter. Finally, Private Advisor Group LLC lifted its position in Invesco AI and Next Gen Software ETF by 31.0% in the first quarter. Private Advisor Group LLC now owns 22,472 shares of the company’s stock valued at $1,305,000 after purchasing an additional 5,321 shares during the last quarter.

Invesco AI and Next Gen Software ETF Stock Down 7.5%

Shares of NYSEARCA IGPT opened at $83.71 on Friday. Invesco AI and Next Gen Software ETF has a 52 week low of $53.27 and a 52 week high of $109.32. The firm’s fifty day moving average is $95.50 and its 200 day moving average is $83.23. The company has a market cap of $1.24 billion, a price-to-earnings ratio of 28.76 and a beta of 1.43.

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