Private Advisor Group LLC Buys 5,321 Shares of Invesco AI and Next Gen Software ETF $IGPT

Private Advisor Group LLC boosted its stake in shares of Invesco AI and Next Gen Software ETF (NYSEARCA:IGPT) by 31.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 22,472 shares of the company’s stock after buying an additional 5,321 shares during the quarter. Private Advisor Group LLC’s holdings in Invesco AI and Next Gen Software ETF were worth $1,305,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. increased its stake in shares of Invesco AI and Next Gen Software ETF by 788.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 104,566 shares of the company’s stock valued at $6,219,000 after buying an additional 92,790 shares during the period. Jane Street Group LLC acquired a new position in shares of Invesco AI and Next Gen Software ETF in the fourth quarter worth approximately $5,401,000. Royal Bank of Canada boosted its holdings in Invesco AI and Next Gen Software ETF by 282.1% in the fourth quarter. Royal Bank of Canada now owns 119,030 shares of the company’s stock valued at $7,078,000 after acquiring an additional 87,882 shares during the last quarter. Two Sigma Investments LP bought a new stake in Invesco AI and Next Gen Software ETF in the third quarter valued at approximately $2,323,000. Finally, LPL Financial LLC increased its position in Invesco AI and Next Gen Software ETF by 9.6% during the 4th quarter. LPL Financial LLC now owns 449,076 shares of the company’s stock valued at $26,707,000 after purchasing an additional 39,155 shares during the period.

Invesco AI and Next Gen Software ETF Stock Performance

NYSEARCA:IGPT opened at $98.96 on Monday. Invesco AI and Next Gen Software ETF has a fifty-two week low of $48.81 and a fifty-two week high of $109.32. The company has a 50 day simple moving average of $95.79 and a two-hundred day simple moving average of $74.80. The company has a market capitalization of $1.33 billion, a PE ratio of 28.76 and a beta of 1.40.

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.