Cetera Investment Advisers Cuts Holdings in Invesco AI and Next Gen Software ETF $IGPT

Cetera Investment Advisers decreased its position in Invesco AI and Next Gen Software ETF (NYSEARCA:IGPT) by 10.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 73,948 shares of the company’s stock after selling 8,774 shares during the quarter. Cetera Investment Advisers’ holdings in Invesco AI and Next Gen Software ETF were worth $4,294,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Assetmark Inc. purchased a new stake in Invesco AI and Next Gen Software ETF during the first quarter valued at $32,000. International Assets Investment Management LLC bought a new position in Invesco AI and Next Gen Software ETF during the fourth quarter valued at $34,000. Indiana Trust & Investment Management Co purchased a new position in shares of Invesco AI and Next Gen Software ETF in the 4th quarter worth $43,000. Harbour Investments Inc. grew its stake in shares of Invesco AI and Next Gen Software ETF by 13.7% in the 4th quarter. Harbour Investments Inc. now owns 1,690 shares of the company’s stock worth $101,000 after buying an additional 203 shares in the last quarter. Finally, CWM LLC increased its holdings in shares of Invesco AI and Next Gen Software ETF by 42.2% in the 4th quarter. CWM LLC now owns 1,728 shares of the company’s stock worth $103,000 after buying an additional 513 shares during the last quarter.

Invesco AI and Next Gen Software ETF Trading Up 4.9%

IGPT opened at $93.94 on Wednesday. The firm has a market cap of $1.24 billion, a P/E ratio of 28.76 and a beta of 1.43. Invesco AI and Next Gen Software ETF has a 12 month low of $48.84 and a 12 month high of $109.32. The stock has a 50-day moving average of $96.13 and a 200 day moving average of $78.26.

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.