Invesco AI and Next Gen Software ETF $IGPT Shares Sold by Berkshire Money Management Inc.

Berkshire Money Management Inc. reduced its position in Invesco AI and Next Gen Software ETF (NYSEARCA:IGPT) by 4.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 234,552 shares of the company’s stock after selling 11,068 shares during the quarter. Invesco AI and Next Gen Software ETF comprises about 1.4% of Berkshire Money Management Inc.’s investment portfolio, making the stock its 19th biggest position. Berkshire Money Management Inc. owned 2.09% of Invesco AI and Next Gen Software ETF worth $13,619,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Jane Street Group LLC acquired a new stake in Invesco AI and Next Gen Software ETF during the first quarter worth about $2,152,000. IHT Wealth Management LLC purchased a new stake in shares of Invesco AI and Next Gen Software ETF during the 2nd quarter worth about $288,000. Corient Private Wealth LLC increased its position in Invesco AI and Next Gen Software ETF by 6.3% during the 2nd quarter. Corient Private Wealth LLC now owns 28,414 shares of the company’s stock worth $1,396,000 after purchasing an additional 1,677 shares in the last quarter. Envestnet Asset Management Inc. increased its position in Invesco AI and Next Gen Software ETF by 1.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 27,117 shares of the company’s stock worth $1,465,000 after purchasing an additional 479 shares in the last quarter. Finally, GGM Financials LLC purchased a new position in Invesco AI and Next Gen Software ETF in the third quarter valued at approximately $34,000.

Invesco AI and Next Gen Software ETF Stock Performance

NYSEARCA IGPT opened at $102.94 on Friday. The firm has a market capitalization of $1.16 billion, a price-to-earnings ratio of 28.76 and a beta of 1.42. Invesco AI and Next Gen Software ETF has a one year low of $48.10 and a one year high of $109.32. The company’s 50 day moving average price is $90.14 and its 200 day moving average price is $71.71.

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. IGPT was launched on Jun 23, 2005 and is issued by Invesco.