Rubicon Advisors GP Makes New Investment in Invesco AI and Next Gen Software ETF $IGPT

Rubicon Advisors GP bought a new position in Invesco AI and Next Gen Software ETF (NYSEARCA:IGPT) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 6,300 shares of the company’s stock, valued at approximately $375,000.

Several other institutional investors and hedge funds also recently modified their holdings of IGPT. Harbour Investments Inc. raised its holdings in shares of Invesco AI and Next Gen Software ETF by 13.7% during the 4th quarter. Harbour Investments Inc. now owns 1,690 shares of the company’s stock valued at $101,000 after buying an additional 203 shares during the period. SOA Wealth Advisors LLC. lifted its position in Invesco AI and Next Gen Software ETF by 71.2% during the 4th quarter. SOA Wealth Advisors LLC. now owns 570 shares of the company’s stock worth $34,000 after acquiring an additional 237 shares in the last quarter. HighTower Advisors LLC boosted its holdings in Invesco AI and Next Gen Software ETF by 6.5% in the 4th quarter. HighTower Advisors LLC now owns 4,897 shares of the company’s stock worth $291,000 after acquiring an additional 301 shares during the period. Kestra Private Wealth Services LLC boosted its holdings in Invesco AI and Next Gen Software ETF by 1.0% in the 3rd quarter. Kestra Private Wealth Services LLC now owns 35,162 shares of the company’s stock worth $1,900,000 after acquiring an additional 331 shares during the period. Finally, CIBC Private Wealth Group LLC boosted its holdings in Invesco AI and Next Gen Software ETF by 3.6% in the 4th quarter. CIBC Private Wealth Group LLC now owns 11,925 shares of the company’s stock worth $709,000 after acquiring an additional 409 shares during the period.

Invesco AI and Next Gen Software ETF Price Performance

Shares of NYSEARCA:IGPT opened at $106.40 on Friday. Invesco AI and Next Gen Software ETF has a 52-week low of $45.93 and a 52-week high of $106.79. The company has a 50 day moving average of $87.16 and a two-hundred day moving average of $70.37. The company has a market capitalization of $1.20 billion, a price-to-earnings ratio of 28.76 and a beta of 1.42.

Invesco AI and Next Gen Software ETF 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.