Invesco AI and Next Gen Software ETF (IGPT)

NYSEARCA: IGPT · Real-Time Price · USD
47.76
+0.92 (1.96%)
Jan 17, 2025, 4:00 PM EST - Market closed
1.96%
Assets $420.80M
Expense Ratio 0.58%
PE Ratio 34.69
Shares Out 9.00M
Dividend (ttm) n/a
Dividend Yield n/a
Ex-Dividend Date n/a
Payout Ratio n/a
1-Year Return +22.09%
Volume 55,480
Open 47.82
Previous Close 46.84
Day's Range 47.36 - 47.88
52-Week Low 38.63
52-Week High 50.00
Beta 1.02
Holdings 99
Inception Date Jun 23, 2005

About IGPT

Fund Home Page

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.

Asset Class Equity
Category Technology
Stock Exchange NYSEARCA
Ticker Symbol IGPT
ETF Provider Invesco
Index Tracked STOXX World AC NexGen Software Development Index

Top 10 Holdings

58.03% of assets
Name Symbol Weight
Alphabet Inc. GOOGL 8.35%
NVIDIA Corporation NVDA 8.28%
Meta Platforms, Inc. META 7.86%
Adobe Inc. ADBE 6.69%
Advanced Micro Devices, Inc. AMD 6.68%
Intuitive Surgical, Inc. ISRG 6.33%
QUALCOMM Incorporated QCOM 4.63%
Micron Technology, Inc. MU 3.21%
Equinix, Inc. EQIX 3.08%
Keyence Corporation 6861 2.92%
View More Holdings

News

IGPT: Promising AI Growth With High Risks And Elevated Valuations

IGPT has a high expense ratio of 0.58% and significant exposure to cyclical semiconductor and software stocks, making it volatile and expose it to higher risk. The fund has not surpassed its 2021 peak...

7 days ago - Seeking Alpha

IGPT: A High Fee Fund That Lacks The Right Holdings Mix

Invesco AI and Next Gen Software ETF warrants a sell rating due to its lack of leading AI companies along with a high expense ratio. IGPT has underperformed compared to peer funds like QQQ and VOX, wi...

4 months ago - Seeking Alpha

IGPT: Just Another Large-Cap Tech Fund By Another Name

The Invesco AI and Next Gen Software ETF is heavily weighted in mega-cap tech stocks, rather than focusing on next gen AI or software. The technical picture for IGPT suggests that the uptrend may be l...

10 months ago - Seeking Alpha

Revolution And Risk: How To Pilot The AI Revolution

The AI revolution, with its expansion into neural networks and other novel fields, marks a dramatic shift away from traditional innovation models. ChatGPT and other platforms have made remarkable stri...

11 months ago - Seeking Alpha

GenAI Through A COO Lens

Oscar Pulido explores the transformative power of AI and its impact on the financial services industry with Rob Goldstein, Chief Operating Officer of BlackRock, and Lance Braunstein, Head of Aladdin E...

1 year ago - Seeking Alpha

Nvidia and Microsoft CEOs say industrial companies will benefit most from AI. Here are stocks to put on your watch list.

Artificial intelligence has been a dominant theme for investors during 2023, as data centers have installed the equipment and software needed to support corporate clients that are rolling out their ow...

Other symbols: IQM
1 year ago - Market Watch

IGPT: Exposure To AI Thematic Investments

The Invesco AI and Next Gen Software ETF (IGPT) aims to provide exposure to companies involved in AI and robotics. The ETF is concentrated, with the top 10 holdings accounting for 61% of the fund, inc...

1 year ago - Seeking Alpha

PSJ Is Overvalued For Now

Software companies stand to benefit from a higher growth rate than the GDP over the coming years and are likely to outperform other sectors of the economy. Software companies can turn out to be high-q...

3 years ago - Seeking Alpha

IGV Vs. PSJ: Which Is The Better Tech ETF For 2021?

IGV and PSJ are two ETFs focusing on the technology market, yet offer different individual selected stocks. The strategies differ in terms of growth rates and market cap, being reflected in the given ...

Other symbols: IGV
4 years ago - Seeking Alpha

The Invesco Dynamic Software ETF: A Risk/Reward Proposition

Dynamic software companies are currently in vogue due to the high margins thrown off by SaaS-based businesses. No doubt that innovations in the cloud, AI, and gaming have opened up new horizons for so...

4 years ago - Seeking Alpha

Videogame ETFs under pressure after Fortnite sues Apple, Google

Videogame ETFs slumped Friday after the maker of the popular game Fortnite filed lawsuits against Apple Inc.

Other symbols: ESPO
4 years ago - Market Watch

3 Scorching Hot Software ETFs

Whether it's cloud computing, other forms of enterprise, video games or another segment, software stocks and exchange traded funds are growing at torrid paces this year.

Other symbols: WCLDXSW
4 years ago - Benzinga