Invesco Alerian Galaxy Crypto Economy ETF (BATS:SATO) Stock Price Down 3.4% – What’s Next?

Shares of Invesco Alerian Galaxy Crypto Economy ETF (BATS:SATO) fell 3.4% on Friday . The company traded as low as $15.47 and last traded at $15.47. 320 shares traded hands during trading, a decline of 95% from the average session volume of 6,457 shares. The stock had previously closed at $16.02.

Invesco Alerian Galaxy Crypto Economy ETF Stock Performance

The company has a market capitalization of $9.28 million, a PE ratio of 18.87 and a beta of 2.94. The company’s fifty day moving average is $18.04 and its 200-day moving average is $21.75.

Institutional Trading of Invesco Alerian Galaxy Crypto Economy ETF

An institutional investor recently raised its position in Invesco Alerian Galaxy Crypto Economy ETF stock. CreativeOne Wealth LLC lifted its position in shares of Invesco Alerian Galaxy Crypto Economy ETF (BATS:SATO) by 19.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 13,633 shares of the company’s stock after buying an additional 2,210 shares during the quarter. CreativeOne Wealth LLC owned approximately 2.27% of Invesco Alerian Galaxy Crypto Economy ETF worth $242,000 at the end of the most recent quarter.

Invesco Alerian Galaxy Crypto Economy ETF Company Profile

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.