Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BATS:BLKC) Shares Pass Above 200 Day Moving Average – Should You Sell?

Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BATS:BLKC)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $21.31 and traded as high as $27.98. Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF shares last traded at $27.52, with a volume of 6,982 shares traded.

Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF Price Performance

The firm has a 50-day moving average price of $23.02 and a two-hundred day moving average price of $21.37. The firm has a market capitalization of $4.21 million, a P/E 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. Investors of record on Monday, September 23rd were issued a dividend of $0.0454 per share. The ex-dividend date of this dividend was Monday, September 23rd.

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

A hedge fund recently raised its stake in Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF stock. Virtu Financial LLC boosted its position in shares of Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BATS:BLKC) by 46.6% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,308 shares of the company’s stock after purchasing an additional 4,547 shares during the quarter. Virtu Financial LLC owned about 9.54% of Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF worth $305,000 as of its most recent filing with the Securities & Exchange Commission.

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.