Invesco AI and Next Gen Software ETF (IGPT)
| Assets | $485.68M |
| Expense Ratio | 0.58% |
| PE Ratio | 28.76 |
| Shares Out | 9.83M |
| Dividend (ttm) | $0.02 |
| Dividend Yield | 0.03% |
| Ex-Dividend Date | Jun 23, 2025 |
| Payout Frequency | Annual |
| Payout Ratio | 0.98% |
| Volume | 36,177 |
| Open | 49.88 |
| Previous Close | 49.24 |
| Day's Range | 49.60 - 49.95 |
| 52-Week Low | 33.80 |
| 52-Week High | 49.95 |
| Beta | 1.09 |
| 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
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% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 23, 2025 | $0.01677 | Jun 27, 2025 |
| Dec 19, 2022 | $0.16806 | Dec 23, 2022 |
| Sep 19, 2022 | $0.25956 | Sep 23, 2022 |
| Dec 20, 2021 | $2.58517 | Dec 31, 2021 |
| Sep 20, 2021 | $0.05725 | Sep 30, 2021 |
| Mar 23, 2020 | $0.01865 | Mar 31, 2020 |
Performance
IGPT had a total return of 1.22% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.56%.
News
Beyond GICS, Why IGPT Offers A Truer AI Portfolio
Invesco AI and Next Gen Software ETF includes software, semis, cloud, and AI leaders across sectors - beyond what GICS-restricted tech ETFs like VGT or XLK allow. Focuses on companies with majority AI...
IGPT: Another Fund Made Irrelevant By Its Competitors
IGPT underperforms its benchmark and peers, with low 5-year returns and a notable lag behind its own index. The fund is highly concentrated in its top 10 holdings, increasing risk and correlation with...
A Practical Guide to AI ETFs
As artificial intelligence transforms industries, investors face a critical question: How can they strategically approach investments in AI ETFs? Rene Reyna, head of Thematic and Specialty Product Str...
Diversify & Innovate: The Smart Way to Use Thematic ETFs
Thematic ETFs offer exciting opportunities for investors to capitalize on long-term, transformative trends shaping the world. For financial advisors, the key lies in effectively integrating these spec...
AI Infrastructure Stocks Drop
The Nasdaq is down well over 3% as of this writing, with AI hardware names driving the declines. The main AI infrastructure stock, Nvidia, is down roughly 20% over the last two trading days, which equ...
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...
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...
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.