Invesco AI and Next Gen Software ETF (NYSEARCA:IGPT) Short Interest Update

Invesco AI and Next Gen Software ETF (NYSEARCA:IGPT) was the target of a significant decrease in short interest in December. As of December 31st, there was short interest totaling 8,838 shares, a decrease of 39.5% from the December 15th total of 14,598 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 36,338 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 36,338 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are sold short.

Invesco AI and Next Gen Software ETF Trading Up 0.5%

NYSEARCA IGPT traded up $0.31 during midday trading on Friday, hitting $62.62. The company had a trading volume of 46,071 shares, compared to its average volume of 53,634. The firm has a 50-day moving average price of $59.12 and a 200-day moving average price of $55.27. The company has a market capitalization of $685.69 million, a PE ratio of 28.76 and a beta of 1.13. Invesco AI and Next Gen Software ETF has a twelve month low of $33.80 and a twelve month high of $63.18.

Hedge Funds Weigh In On Invesco AI and Next Gen Software ETF

Hedge funds have recently bought and sold shares of the company. Harbor Asset Planning Inc. bought a new stake in shares of Invesco AI and Next Gen Software ETF during the 2nd quarter worth approximately $29,000. Westside Investment Management Inc. bought a new stake in Invesco AI and Next Gen Software ETF during the second quarter worth $33,000. GGM Financials LLC bought a new stake in Invesco AI and Next Gen Software ETF during the third quarter worth $34,000. Chung Wu Investment Group LLC acquired a new stake in shares of Invesco AI and Next Gen Software ETF in the 2nd quarter valued at $61,000. Finally, Harbour Investments Inc. increased its stake in shares of Invesco AI and Next Gen Software ETF by 19.1% in the 2nd quarter. Harbour Investments Inc. now owns 1,484 shares of the company’s stock valued at $73,000 after purchasing an additional 238 shares during the last quarter.

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. IGPT was launched on Jun 23, 2005 and is issued by Invesco.