Key stats
About INVESCO EXCHANGE TRADED FD TR AI AND NEXT GEN SOFTWARE
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Inception date
Jun 23, 2005
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
IGPT seeks to track an index of large- to small-cap companies from developed and emerging markets that derive at least 50% of their revenue from subsectors that relate to future software development. These component securities are expected to benefit from long-term structural trends driven by technological and societal change, which may have a substantial impact on their performance. Index securities are weighted proportionally to their free-float market capitalization, multiplied by aggregate revenue exposure to the applicable subsectors. Rebalancing is done quarterly starting in March, and reviewed annually in June. Prior to August 28, 2023, the fund was named Invesco Dynamic Software ETF, with ticker PSJ, and tracked the Dynamic Software Intellidex Index.
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Stock breakdown by region
Top 10 holdings
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
IGPT trades at 882.060 MXN today, its price has risen 0.58% in the past 24 hours. Track more dynamics on IGPT price chart.
IGPT net asset value is 876.03 today — it's risen 17.98% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
IGPT assets under management is 8.29 B MXN. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
IGPT price has risen by 15.77% over the last month, and its yearly performance shows a 15.77% increase. See more dynamics on IGPT price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 17.98% over the last month, showed a −11.96% decrease in three-month performance and has increased by 17.31% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 17.98% over the last month, showed a −11.96% decrease in three-month performance and has increased by 17.31% in a year.
IGPT fund flows account for 2.01 B MXN (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
IGPT invests in stocks. See more details in our Analysis section.
IGPT expense ratio is 0.58%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, IGPT isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
IGPT trades at a premium (0.09%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
IGPT shares are issued by Invesco Ltd.
IGPT follows the STOXX World AC NexGen Software Development Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 23, 2005.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.