Invesco Alerian Galaxy Crypto Economy ETF (BATS:SATO) Trading 126.7% Higher – Should You Buy?

Invesco Alerian Galaxy Crypto Economy ETF (BATS:SATO) shares traded up 126.7% during trading on Friday . The stock traded as high as $13.32 and last traded at $28.76. 18,660 shares traded hands during mid-day trading, an increase of 104% from the average session volume of 9,139 shares. The stock had previously closed at $12.68.

Invesco Alerian Galaxy Crypto Economy ETF Stock Up 126.7%

The stock has a market cap of $17.26 million, a PE ratio of 18.87 and a beta of 2.94. The company has a fifty day moving average price of $22.38 and a 200 day moving average price of $18.96.

Institutional Trading of Invesco Alerian Galaxy Crypto Economy ETF

An institutional investor recently bought a new position in Invesco Alerian Galaxy Crypto Economy ETF stock. CreativeOne Wealth LLC bought a new position in Invesco Alerian Galaxy Crypto Economy ETF (BATS:SATO) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 18,941 shares of the company’s stock, valued at approximately $359,000. CreativeOne Wealth LLC owned about 3.16% of Invesco Alerian Galaxy Crypto Economy ETF at the end of the most recent reporting period.

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.