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 traded hands during mid-day trading, The stock had previously closed at $21.10.

Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF Stock Performance

The stock has a market cap of $3.05 million, a PE ratio of 20.69 and a beta of 2.08. The stock has a fifty day moving average price of $23.07 and a 200 day moving average price of $23.51.

Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF Increases Dividend

The firm also recently disclosed 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 of this dividend was Monday, December 23rd. This is a boost 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 holdings in shares of 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 13F filing with the Securities & Exchange Commission. The firm owned 14,308 shares of the company’s stock after acquiring an additional 4,547 shares during the quarter. Virtu Financial LLC owned 9.54% of Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF worth $305,000 as of its most recent SEC filing.

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.