Invesco AI and Next Gen Software ETF (IGPT)
Invesco AI and Next Gen Software ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Downers Grove, IL, US. The stock last traded at $92.97, up 2.47% on the session, giving a market capitalisation of $801.6M. Its beta of 2.09 implies it has historically moved more than the broad market.
The Invesco AI and Next Gen Software ETF (the Fund) aims to mirror the performance of the STOXX World AC NexGen Software Development Index (the Index). Typically, the Fund allocates a minimum of 90% of its total capital to the common shares comprising this Index. The Index is made up of corporations that derive substantial earnings from technologies or goods contributing to the progression of future software. Both the Fund's holdings and the Index's components undergo rebalancing after the close of trading on the second Friday of March, June, September, and December.
Invesco AI and Next Gen Software ETF is most often compared with the following Financial Services names: