Raymond James Financial Inc. Acquires New Position in Invesco AI and Next Gen Software ETF (NYSEARCA:IGPT)

Raymond James Financial Inc. bought a new position in shares of Invesco AI and Next Gen Software ETF (NYSEARCA:IGPT) during the fourth quarter, HoldingsChannel.com reports. The firm bought 41,232 shares of the company’s stock, valued at approximately $1,865,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bank of Montreal Can boosted its stake in Invesco AI and Next Gen Software ETF by 5,755.1% in the 3rd quarter. Bank of Montreal Can now owns 90,227 shares of the company’s stock worth $4,114,000 after buying an additional 88,686 shares during the last quarter. Glenmede Trust Co. NA purchased a new position in shares of Invesco AI and Next Gen Software ETF during the 3rd quarter worth about $136,000. Rockefeller Capital Management L.P. acquired a new stake in shares of Invesco AI and Next Gen Software ETF in the third quarter worth approximately $499,000. Flow Traders U.S. LLC purchased a new stake in Invesco AI and Next Gen Software ETF in the third quarter valued at approximately $358,000. Finally, HighTower Advisors LLC increased its position in Invesco AI and Next Gen Software ETF by 5.9% during the third quarter. HighTower Advisors LLC now owns 6,011 shares of the company’s stock worth $273,000 after purchasing an additional 333 shares during the last quarter.

Invesco AI and Next Gen Software ETF Stock Down 0.6 %

NYSEARCA:IGPT opened at $40.49 on Tuesday. Invesco AI and Next Gen Software ETF has a fifty-two week low of $38.63 and a fifty-two week high of $50.00. The firm’s 50 day moving average is $45.36 and its two-hundred day moving average is $45.99. The company has a market cap of $384.25 million, a P/E ratio of 29.20 and a beta of 1.05.

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.