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

Invesco AI and Next Gen Software ETF (NYSEARCA:IGPTGet Free Report) was the target of a large growth in short interest in January. As of January 15th, there was short interest totaling 15,672 shares, a growth of 77.3% from the December 31st total of 8,838 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 54,436 shares, the days-to-cover ratio is presently 0.3 days. Based on an average trading volume of 54,436 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Investors Weigh In On Invesco AI and Next Gen Software ETF

Institutional investors have recently bought and sold shares of the company. Journey Strategic Wealth LLC acquired a new stake in shares of Invesco AI and Next Gen Software ETF in the second quarter valued at approximately $13,818,000. Berkshire Money Management Inc. increased its stake in Invesco AI and Next Gen Software ETF by 48.2% in the 3rd quarter. Berkshire Money Management Inc. now owns 243,515 shares of the company’s stock valued at $13,157,000 after buying an additional 79,172 shares during the last quarter. Jane Street Group LLC bought a new stake in Invesco AI and Next Gen Software ETF during the 1st quarter worth about $2,152,000. Two Sigma Investments LP bought a new stake in Invesco AI and Next Gen Software ETF during the 3rd quarter worth about $2,323,000. Finally, Opus Capital Group LLC acquired a new position in shares of Invesco AI and Next Gen Software ETF during the 4th quarter worth about $1,354,000.

Invesco AI and Next Gen Software ETF Trading Down 2.4%

IGPT stock opened at $64.72 on Friday. The stock has a 50-day moving average price of $60.50 and a two-hundred day moving average price of $56.29. Invesco AI and Next Gen Software ETF has a 1 year low of $33.80 and a 1 year high of $67.01. The stock has a market cap of $708.68 million, a PE ratio of 28.76 and a beta of 1.13.

About Invesco AI and Next Gen Software ETF

(Get Free Report)

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.

Further Reading

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