Marshall Investment Management LLC Makes New Investment in Invesco AI and Next Gen Software ETF (NYSEARCA:IGPT)

Marshall Investment Management LLC bought a new position in shares of Invesco AI and Next Gen Software ETF (NYSEARCA:IGPT) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 114,588 shares of the company’s stock, valued at approximately $5,214,000. Invesco AI and Next Gen Software ETF accounts for 3.1% of Marshall Investment Management LLC’s portfolio, making the stock its 11th largest holding. Marshall Investment Management LLC owned 1.69% of Invesco AI and Next Gen Software ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IGPT. Private Advisor Group LLC increased its position in Invesco AI and Next Gen Software ETF by 16.7% in the third quarter. Private Advisor Group LLC now owns 16,559 shares of the company’s stock worth $753,000 after purchasing an additional 2,366 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in Invesco AI and Next Gen Software ETF by 89.2% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 8,483 shares of the company’s stock worth $386,000 after purchasing an additional 4,000 shares during the last quarter. SteelPeak Wealth LLC increased its position in Invesco AI and Next Gen Software ETF by 9.6% in the third quarter. SteelPeak Wealth LLC now owns 7,080 shares of the company’s stock worth $322,000 after purchasing an additional 620 shares during the last quarter. Clear Creek Financial Management LLC increased its position in Invesco AI and Next Gen Software ETF by 6.3% in the third quarter. Clear Creek Financial Management LLC now owns 13,414 shares of the company’s stock worth $610,000 after purchasing an additional 797 shares during the last quarter. Finally, Indie Asset Partners LLC boosted its stake in Invesco AI and Next Gen Software ETF by 37.1% during the third quarter. Indie Asset Partners LLC now owns 32,048 shares of the company’s stock worth $1,458,000 after buying an additional 8,680 shares during the period.

Invesco AI and Next Gen Software ETF Stock Down 3.0 %

NYSEARCA IGPT opened at $47.09 on Friday. The company has a fifty day moving average of $47.12 and a two-hundred day moving average of $46.03. The firm has a market capitalization of $320.21 million, a price-to-earnings ratio of 38.61 and a beta of 1.54. Invesco AI and Next Gen Software ETF has a 52 week low of $38.63 and a 52 week high of $50.00.

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.