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

Evermay Wealth Management LLC bought a new stake in Invesco AI and Next Gen Software ETF (NYSEARCA:IGPT) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,200 shares of the company’s stock, valued at approximately $57,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Canandaigua National Bank & Trust Co. acquired a new stake in shares of Invesco AI and Next Gen Software ETF in the 1st quarter valued at about $1,023,000. Sandy Cove Advisors LLC bought a new stake in shares of Invesco AI and Next Gen Software ETF in the 1st quarter valued at approximately $357,000. Fiduciary Alliance LLC acquired a new stake in shares of Invesco AI and Next Gen Software ETF during the 1st quarter valued at approximately $1,667,000. SeaCrest Wealth Management LLC bought a new position in Invesco AI and Next Gen Software ETF during the first quarter worth $407,000. Finally, Global Retirement Partners LLC acquired a new position in Invesco AI and Next Gen Software ETF in the first quarter worth $34,000.

Invesco AI and Next Gen Software ETF Stock Performance

Shares of NYSEARCA:IGPT opened at $42.38 on Wednesday. The company’s fifty day moving average is $45.31 and its two-hundred day moving average is $44.88. Invesco AI and Next Gen Software ETF has a 1-year low of $30.27 and a 1-year high of $50.00. The stock has a market capitalization of $288.18 million, a price-to-earnings ratio of 38.61 and a beta of 1.54.

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.