Berkshire Money Management Inc. Has $8.08 Million Stock Position in Invesco AI and Next Gen Software ETF $IGPT

Berkshire Money Management Inc. raised its position in Invesco AI and Next Gen Software ETF (NYSEARCA:IGPT) by 4.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 164,343 shares of the company’s stock after buying an additional 6,344 shares during the period. Invesco AI and Next Gen Software ETF accounts for about 0.8% of Berkshire Money Management Inc.’s investment portfolio, making the stock its 18th biggest position. Berkshire Money Management Inc. owned 1.66% of Invesco AI and Next Gen Software ETF worth $8,077,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in IGPT. Flagship Harbor Advisors LLC raised its stake in shares of Invesco AI and Next Gen Software ETF by 8.3% in the first quarter. Flagship Harbor Advisors LLC now owns 7,511 shares of the company’s stock valued at $304,000 after acquiring an additional 574 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its holdings in Invesco AI and Next Gen Software ETF by 4.7% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 40,318 shares of the company’s stock valued at $1,632,000 after purchasing an additional 1,804 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in Invesco AI and Next Gen Software ETF by 27.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 10,841 shares of the company’s stock valued at $490,000 after purchasing an additional 2,358 shares during the last quarter. Cresset Asset Management LLC acquired a new position in Invesco AI and Next Gen Software ETF in the first quarter worth $410,000. Finally, Focus Financial Network Inc. acquired a new position in Invesco AI and Next Gen Software ETF in the second quarter worth $207,000.

Invesco AI and Next Gen Software ETF Stock Performance

Shares of NYSEARCA:IGPT opened at $55.54 on Monday. The business has a fifty day moving average of $51.93 and a 200-day moving average of $46.97. Invesco AI and Next Gen Software ETF has a twelve month low of $33.80 and a twelve month high of $56.06. The firm has a market cap of $576.51 million, a PE ratio of 28.76 and a beta of 1.09.

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.