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

Rubicon Advisors GP acquired a new position in Invesco AI and Next Gen Software ETF (NYSEARCA:IGPT) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm acquired 6,300 shares of the company’s stock, valued at approximately $375,000. Rubicon Advisors GP owned 0.06% of Invesco AI and Next Gen Software ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of IGPT. Jane Street Group LLC purchased a new stake in shares of Invesco AI and Next Gen Software ETF during the 1st quarter worth about $2,152,000. IHT Wealth Management LLC purchased a new position in Invesco AI and Next Gen Software ETF in the second quarter valued at approximately $288,000. Corient Private Wealth LLC raised its holdings in Invesco AI and Next Gen Software ETF by 6.3% in the second quarter. Corient Private Wealth LLC now owns 28,414 shares of the company’s stock valued at $1,396,000 after buying an additional 1,677 shares during the period. Envestnet Asset Management Inc. raised its holdings in Invesco AI and Next Gen Software ETF by 1.8% in the third quarter. Envestnet Asset Management Inc. now owns 27,117 shares of the company’s stock valued at $1,465,000 after buying an additional 479 shares during the period. Finally, Clear Creek Financial Management LLC lifted its position in Invesco AI and Next Gen Software ETF by 15.4% during the third quarter. Clear Creek Financial Management LLC now owns 20,866 shares of the company’s stock valued at $1,127,000 after buying an additional 2,780 shares in the last quarter.

Invesco AI and Next Gen Software ETF Price Performance

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 cap of $1.20 billion, a P/E ratio of 28.76 and a beta of 1.42.

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.