Invesco AI and Next Gen Software ETF (IGPT)
| Assets | $393.49M |
| Expense Ratio | 0.58% |
| PE Ratio | 39.63 |
| Shares Out | 8.73M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Ratio | n/a |
| 1-Year Return | +36.62% |
| Volume | 39,045 |
| Open | 45.45 |
| Previous Close | 45.65 |
| Day's Range | 45.23 - 45.77 |
| 52-Week Low | 30.27 |
| 52-Week High | 50.00 |
| Beta | 1.02 |
| Holdings | 99 |
| Inception Date | Jun 23, 2005 |
About IGPT
Fund Home PageThe 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.
Top 10 Holdings
59.35% of assets| Name | Symbol | Weight |
|---|---|---|
| Meta Platforms, Inc. | META | 8.66% |
| Advanced Micro Devices, Inc. | AMD | 8.66% |
| Alphabet Inc. | GOOGL | 8.25% |
| NVIDIA Corporation | NVDA | 8.01% |
| Adobe Inc. | ADBE | 6.61% |
| QUALCOMM Incorporated | QCOM | 4.40% |
| Intuitive Surgical, Inc. | ISRG | 4.19% |
| Micron Technology, Inc. | MU | 3.98% |
| Keyence Corporation | 6861 | 3.38% |
| Intel Corporation | INTC | 3.20% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2022 | $0.1681 | Dec 23, 2022 |
| Sep 19, 2022 | $0.2596 | Sep 23, 2022 |
| Dec 20, 2021 | $2.5852 | Dec 31, 2021 |
| Sep 20, 2021 | $0.0572 | Sep 30, 2021 |
| Mar 23, 2020 | $0.0186 | Mar 31, 2020 |
| Dec 23, 2019 | $0.017 | Dec 31, 2019 |
News
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...
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...
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...
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...
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...
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...
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...
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 ...
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...
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.
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.