Hennion & Walsh Asset Management Inc. Invests $768,000 in Invesco AI and Next Gen Software ETF $IGPT

Hennion & Walsh Asset Management Inc. bought a new stake in shares of Invesco AI and Next Gen Software ETF (NYSEARCA:IGPT) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 7,375 shares of the company’s stock, valued at approximately $768,000.

Several other large investors have also recently made changes to their positions in IGPT. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Invesco AI and Next Gen Software ETF by 788.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 104,566 shares of the company’s stock worth $6,219,000 after acquiring an additional 92,790 shares in the last quarter. Jane Street Group LLC purchased a new position in shares of Invesco AI and Next Gen Software ETF in the 4th quarter valued at about $5,401,000. Royal Bank of Canada raised its holdings in Invesco AI and Next Gen Software ETF by 282.1% in the 4th quarter. Royal Bank of Canada now owns 119,030 shares of the company’s stock worth $7,078,000 after purchasing an additional 87,882 shares during the period. Two Sigma Investments LP acquired a new position in Invesco AI and Next Gen Software ETF in the 3rd quarter worth about $2,323,000. Finally, LPL Financial LLC boosted its position in Invesco AI and Next Gen Software ETF by 9.6% during the fourth quarter. LPL Financial LLC now owns 449,076 shares of the company’s stock worth $26,707,000 after purchasing an additional 39,155 shares in the last quarter.

Invesco AI and Next Gen Software ETF Trading Up 2.5%

Shares of IGPT stock opened at $95.26 on Friday. Invesco AI and Next Gen Software ETF has a 12-month low of $48.84 and a 12-month high of $109.32. The business’s 50 day moving average is $94.93 and its two-hundred day moving average is $79.68. The company has a market capitalization of $1.26 billion, a P/E ratio of 28.76 and a beta of 1.43.

About Invesco AI and Next Gen Software ETF

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.