Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BATS:BLKC) Stock Price Up 2.9% – Still a Buy?

Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BATS:BLKC)’s share price traded up 2.9% during mid-day trading on Tuesday . The stock traded as high as $22.69 and last traded at $22.54. 1,194 shares changed hands during trading, The stock had previously closed at $21.91.

Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF Price Performance

The firm has a 50 day simple moving average of $21.27 and a 200-day simple moving average of $20.70. The stock has a market capitalization of $3.38 million, a price-to-earnings ratio of 17.23 and a beta of 1.60.

Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were paid a dividend of $0.0454 per share. The ex-dividend date was Monday, September 23rd.

Institutional Trading of Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF

A hedge fund recently bought a new stake in Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF stock. International Assets Investment Management LLC bought a new stake in Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BATS:BLKC) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,000 shares of the company’s stock, valued at approximately $63,000. International Assets Investment Management LLC owned approximately 2.00% of Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

About Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF

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.