M Holdings Securities Inc. Purchases New Stake in Invesco AI and Next Gen Software ETF $IGPT

M Holdings Securities Inc. purchased a new stake in Invesco AI and Next Gen Software ETF (NYSEARCA:IGPT) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 19,276 shares of the company’s stock, valued at approximately $1,960,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IGPT. Principle Wealth Partners LLC lifted its holdings in shares of Invesco AI and Next Gen Software ETF by 13.0% during the 3rd quarter. Principle Wealth Partners LLC now owns 16,717 shares of the company’s stock valued at $1,700,000 after acquiring an additional 1,919 shares in the last quarter. Kestra Advisory Services LLC boosted its position in Invesco AI and Next Gen Software ETF by 22.9% during the 3rd quarter. Kestra Advisory Services LLC now owns 7,975 shares of the company’s stock worth $811,000 after purchasing an additional 1,486 shares during the period. Commonwealth Equity Services LLC purchased a new stake in Invesco AI and Next Gen Software ETF during the 3rd quarter worth $1,643,000. Kestra Private Wealth Services LLC acquired a new stake in Invesco AI and Next Gen Software ETF in the 3rd quarter valued at $2,189,000. Finally, Soltis Investment Advisors LLC increased its holdings in Invesco AI and Next Gen Software ETF by 47.8% in the 3rd quarter. Soltis Investment Advisors LLC now owns 23,281 shares of the company’s stock valued at $2,367,000 after purchasing an additional 7,531 shares in the last quarter.

Invesco AI and Next Gen Software ETF Price Performance

NYSEARCA:IGPT opened at $79.18 on Tuesday. The business’s 50-day moving average is $93.97 and its two-hundred day moving average is $83.72. Invesco AI and Next Gen Software ETF has a 12 month low of $53.27 and a 12 month high of $109.32. The firm has a market capitalization of $1.17 billion, a PE ratio of 28.76 and a beta of 1.48.

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.