Bank of Montreal Can Boosts Stock Position in Invesco AI and Next Gen Software ETF (NYSEARCA:IGPT)

Bank of Montreal Can lifted its stake in shares of Invesco AI and Next Gen Software ETF (NYSEARCA:IGPT) by 5,755.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 90,227 shares of the company’s stock after buying an additional 88,686 shares during the quarter. Bank of Montreal Can owned approximately 1.33% of Invesco AI and Next Gen Software ETF worth $4,114,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Private Advisor Group LLC increased its position in shares of Invesco AI and Next Gen Software ETF by 16.7% in the 3rd 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. Cetera Advisors LLC acquired a new stake in Invesco AI and Next Gen Software ETF during the first quarter valued at approximately $1,289,000. Cetera Investment Advisers lifted its holdings in Invesco AI and Next Gen Software ETF by 4.7% during the 2nd quarter. Cetera Investment Advisers now owns 46,966 shares of the company’s stock worth $2,230,000 after buying an additional 2,091 shares during the last quarter. Clear Creek Financial Management LLC grew its position in shares of Invesco AI and Next Gen Software ETF by 23.2% in the 2nd quarter. Clear Creek Financial Management LLC now owns 12,617 shares of the company’s stock worth $599,000 after acquiring an additional 2,372 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Invesco AI and Next Gen Software ETF in the 2nd quarter valued at approximately $32,000.

Invesco AI and Next Gen Software ETF Price Performance

Shares of IGPT opened at $48.03 on Wednesday. Invesco AI and Next Gen Software ETF has a 12-month low of $35.05 and a 12-month high of $50.00. The business’s fifty day moving average price is $46.28 and its 200 day moving average price is $45.63. The stock has a market capitalization of $326.60 million, a PE ratio of 38.61 and a beta of 1.54.

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.