Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BATS:BLKC) Trading 3.9% Higher – Still a Buy?

Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BATS:BLKC)’s share price was up 3.9% during trading on Wednesday . The company traded as high as $23.68 and last traded at $23.69. Approximately 1,299 shares traded hands during mid-day trading, The stock had previously closed at $22.79.

Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF Stock Up 3.9 %

The firm has a 50 day simple moving average of $25.81 and a 200-day simple moving average of $23.09. The stock has a market cap of $3.55 million, a P/E ratio of 17.23 and a beta of 1.60.

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 paid a $4.1823 dividend. 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.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF stock. Virtu Financial LLC increased its stake 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 Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,308 shares of the company’s stock after buying an additional 4,547 shares during the period. Virtu Financial LLC owned 9.54% of Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF worth $305,000 at the end of the most recent reporting period.

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.