IGPT

Invesco AI and Next Gen Software ETF

$58.01

+0.00%

Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The Invesco AI and Next Gen Software ETF (IGPT) seeks to track the investment results of an index that is designed to provide exposure to companies involved in the development and application of artificial intelligence (AI) and next-generation software technologies.

Overview

ETF tracking Invesco AI and Next Gen Software ETF

Category Technology

Issuer Invesco

Inception Date 2008-11-03

Market Cap $599.8M

Average Volume N/A

Dividend Yield 0.05%

52-Week Range $35.18 - $61.50

VWAP $58.11

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests in a portfolio of companies that are engaged in the development and application of AI and next-generation software technologies. The fund's holdings are selected based on their involvement in areas such as machine learning, natural language processing, computer vision, and cloud computing.

✨ Key Features

Provides exposure to the growing AI and next-gen software industry
Diversified portfolio of companies across the technology sector
Passively managed to track the performance of the underlying index
Low expense ratio of 0.00%

⚠️ Primary Risks

Concentration risk as the fund is focused on a specific industry
Volatility risk due to the dynamic and rapidly evolving nature of the technology sector
Liquidity risk as the fund may invest in smaller or less-traded companies
Market risk as the value of the fund's holdings may fluctuate with overall market conditions

👤 Best For

The Invesco AI and Next Gen Software ETF may be suitable for investors seeking exposure to the long-term growth potential of the AI and next-generation software industry. However, due to the higher risk profile of the fund, it is best suited for investors with a higher risk tolerance and a longer-term investment horizon.