Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BATS:BLKC) Trading 2.4% Higher – Should You Buy?

Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BATS:BLKC) shares traded up 2.4% on Monday . The company traded as high as $22.22 and last traded at $22.16. 1,402 shares changed hands during trading, The stock had previously closed at $21.64.

Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF Stock Performance

The company has a market cap of $3.38 million, a P/E ratio of 17.23 and a beta of 1.60. The firm’s fifty day moving average is $20.48 and its two-hundred day moving average is $20.32.

Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF Cuts Dividend

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

Institutional Investors Weigh In On Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF

An institutional investor recently bought a new position in Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF stock. International Assets Investment Management LLC acquired a new stake in Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BATS:BLKC) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 3,000 shares of the company’s stock, valued at approximately $63,000. International Assets Investment Management LLC owned 2.00% of Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF at the end of the most recent quarter.

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.