UBS Group AG Has $38.20 Million Stake in Invesco AI and Next Gen Software ETF $IGPT

UBS Group AG reduced its position in shares of Invesco AI and Next Gen Software ETF (NYSEARCA:IGPT) by 18.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 642,314 shares of the company’s stock after selling 144,899 shares during the period. UBS Group AG owned about 5.87% of Invesco AI and Next Gen Software ETF worth $38,198,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in IGPT. SOA Wealth Advisors LLC. grew its holdings in shares of Invesco AI and Next Gen Software ETF by 71.2% during the fourth quarter. SOA Wealth Advisors LLC. now owns 570 shares of the company’s stock worth $34,000 after purchasing an additional 237 shares during the last quarter. GGM Financials LLC bought a new stake in shares of Invesco AI and Next Gen Software ETF during the third quarter worth about $34,000. Indiana Trust & Investment Management Co bought a new stake in shares of Invesco AI and Next Gen Software ETF during the fourth quarter worth about $43,000. Founders Financial Alliance LLC bought a new stake in shares of Invesco AI and Next Gen Software ETF during the third quarter worth about $97,000. Finally, CWM LLC grew its holdings in shares of Invesco AI and Next Gen Software ETF by 42.2% during the fourth quarter. CWM LLC now owns 1,728 shares of the company’s stock worth $103,000 after purchasing an additional 513 shares during the last quarter.

Invesco AI and Next Gen Software ETF Trading Down 1.5%

NYSEARCA:IGPT opened at $85.51 on Friday. The stock has a market cap of $966.26 million, a P/E ratio of 28.76 and a beta of 1.35. The stock’s 50-day moving average is $65.80 and its 200-day moving average is $62.35. Invesco AI and Next Gen Software ETF has a 1-year low of $42.24 and a 1-year high of $87.22.

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.