Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BATS:BLKC) Trading Down 3.6% – Time to Sell?

Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BATS:BLKC)’s share price was down 3.6% during trading on Friday . The company traded as low as $20.91 and last traded at $20.35. Approximately 2,222 shares were traded during trading, The stock had previously closed at $21.10.

Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF Stock Down 3.6 %

The company has a market cap of $3.05 million, a P/E ratio of 20.69 and a beta of 2.08. The business has a fifty day moving average of $23.07 and a 200 day moving average of $23.51.

Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a dividend of $4.1823 per share. The ex-dividend date was Monday, December 23rd. This is an increase from Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF’s previous dividend of $0.05.

Hedge Funds Weigh In On Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF

An institutional investor recently raised its position in Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF stock. Virtu Financial LLC boosted its position in Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BATS:BLKC) by 46.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,308 shares of the company’s stock after purchasing an additional 4,547 shares during the quarter. Virtu Financial LLC owned approximately 9.54% of Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF worth $305,000 at the end of the most recent quarter.

Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF Company Profile

The Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The investment objective of this Fund is to provide investors with a total return, taking into account both capital and income returns, which reflects the return of the NYSE FactSet Global Blockchain Technologies Capped Index.