Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BATS:BLKC) Stock Price Down 0.2% – Here’s Why

Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BATS:BLKC) fell 0.2% during trading on Monday . The company traded as low as $20.56 and last traded at $20.63. 742 shares changed hands during trading, a decline of 62% from the average session volume of 1,950 shares. The stock had previously closed at $20.68.

Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF Stock Performance

The firm has a 50 day moving average price of $23.75 and a two-hundred day moving average price of $26.22. The company has a market cap of $3.09 million, a P/E ratio of 22.75 and a beta of 2.09.

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

Several large investors have recently modified their holdings of BLKC. Jane Street Group LLC purchased a new stake in shares of Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF during the 4th quarter valued at approximately $1,114,000. Flow Traders U.S. LLC purchased a new position in Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF in the 3rd quarter valued at approximately $975,000. Virtu Financial LLC bought a new stake in Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF during the 3rd quarter valued at $1,053,000. Finally, Bank of America Corp DE lifted its position in shares of Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF by 129.8% during the second quarter. Bank of America Corp DE now owns 1,838 shares of the company’s stock worth $44,000 after acquiring an additional 1,038 shares in the last 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. BLKC was launched on Oct 7, 2021 and is managed by BlackRock.