Invesco Alerian Galaxy Crypto Economy ETF (BATS:SATO) Shares Down 2.6%

Shares of Invesco Alerian Galaxy Crypto Economy ETF (BATS:SATO) were down 2.6% during mid-day trading on Tuesday . The company traded as low as $13.33 and last traded at $13.42. Approximately 7,456 shares traded hands during mid-day trading, The stock had previously closed at $13.78.

Invesco Alerian Galaxy Crypto Economy ETF Trading Down 0.3 %

The business’s 50 day moving average is $13.59 and its two-hundred day moving average is $11.40.

Invesco Alerian Galaxy Crypto Economy ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were paid a $0.1218 dividend. This is a positive change from Invesco Alerian Galaxy Crypto Economy ETF’s previous dividend of $0.02. The ex-dividend date was Monday, March 18th.

Institutional Investors Weigh In On Invesco Alerian Galaxy Crypto Economy ETF

Several hedge funds have recently modified their holdings of SATO. International Assets Investment Management LLC acquired a new position in Invesco Alerian Galaxy Crypto Economy ETF during the 4th quarter worth about $483,000. UBS Group AG lifted its stake in shares of Invesco Alerian Galaxy Crypto Economy ETF by 2,726.1% in the 3rd quarter. UBS Group AG now owns 12,661 shares of the company’s stock valued at $97,000 after purchasing an additional 12,213 shares during the period. Jane Street Group LLC acquired a new position in shares of Invesco Alerian Galaxy Crypto Economy ETF in the 1st quarter valued at about $68,000. Finally, Natixis bought a new stake in Invesco Alerian Galaxy Crypto Economy ETF in the 4th quarter valued at about $255,000.

About Invesco Alerian Galaxy Crypto Economy ETF

The Invesco Alerian Galaxy Crypto Economy ETF (SATO) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index that holds cryptocurrency-focused equities, and crypto ETPs and trusts. The index is weighted in tier. SATO was launched on Oct 7, 2021 and is managed by Invesco.