Howard Financial Services LTD. Buys Shares of 6,384 Invesco AI and Next Gen Software ETF $IGPT

Howard Financial Services LTD. bought a new position in Invesco AI and Next Gen Software ETF (NYSEARCA:IGPT) during the 2nd quarter, HoldingsChannel.com reports. The fund bought 6,384 shares of the company’s stock, valued at approximately $665,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Assetmark Inc. acquired a new stake in shares of Invesco AI and Next Gen Software ETF during the 1st quarter valued at about $32,000. International Assets Investment Management LLC acquired a new position in Invesco AI and Next Gen Software ETF in the fourth quarter worth approximately $34,000. Indiana Trust & Investment Management Co acquired a new position in Invesco AI and Next Gen Software ETF in the fourth quarter worth approximately $43,000. Harbour Investments Inc. raised its position in Invesco AI and Next Gen Software ETF by 13.7% during the fourth quarter. Harbour Investments Inc. now owns 1,690 shares of the company’s stock valued at $101,000 after acquiring an additional 203 shares in the last quarter. Finally, CWM LLC raised its position in Invesco AI and Next Gen Software ETF by 42.2% during the fourth quarter. CWM LLC now owns 1,728 shares of the company’s stock valued at $103,000 after acquiring an additional 513 shares in the last quarter.

Invesco AI and Next Gen Software ETF Stock Up 4.9%

NYSEARCA IGPT opened at $93.94 on Wednesday. The stock has a market capitalization of $1.24 billion, a PE ratio of 28.76 and a beta of 1.43. The company has a 50 day moving average price of $96.13 and a two-hundred day moving average price of $78.26. Invesco AI and Next Gen Software ETF has a 12-month low of $48.84 and a 12-month high of $109.32.

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.