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

Raymond James Financial Inc. purchased a new stake in Invesco AI and Next Gen Software ETF (NYSEARCA:IGPT) in the fourth quarter, Holdings Channel reports. The institutional investor purchased 41,232 shares of the company’s stock, valued at approximately $1,865,000.

A number of other institutional investors and hedge funds also recently modified their holdings of IGPT. Wells Fargo & Company MN lifted its position in shares of Invesco AI and Next Gen Software ETF by 92.6% in the fourth quarter. Wells Fargo & Company MN now owns 1,034 shares of the company’s stock worth $47,000 after purchasing an additional 497 shares in the last quarter. Steward Partners Investment Advisory LLC increased its stake in Invesco AI and Next Gen Software ETF by 120.8% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 2,776 shares of the company’s stock valued at $126,000 after acquiring an additional 1,519 shares during the period. Collier Financial acquired a new stake in shares of Invesco AI and Next Gen Software ETF during the 4th quarter valued at about $204,000. Flagship Harbor Advisors LLC acquired a new position in Invesco AI and Next Gen Software ETF during the fourth quarter worth $314,000. Finally, Envestnet Asset Management Inc. boosted its holdings in shares of Invesco AI and Next Gen Software ETF by 13.2% in the 4th quarter. Envestnet Asset Management Inc. now owns 7,536 shares of the company’s stock worth $341,000 after acquiring an additional 879 shares in the last quarter.

Invesco AI and Next Gen Software ETF Trading Up 0.6 %

IGPT opened at $40.91 on Friday. Invesco AI and Next Gen Software ETF has a 1-year low of $33.80 and a 1-year high of $50.00. The stock has a market capitalization of $383.74 million, a PE ratio of 26.04 and a beta of 1.08. The firm has a 50-day moving average price of $40.77 and a two-hundred day moving average price of $44.87.

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.