International Assets Investment Management LLC Takes $483,000 Position in Invesco Alerian Galaxy Crypto Economy ETF (BATS:SATO)

International Assets Investment Management LLC bought a new stake in Invesco Alerian Galaxy Crypto Economy ETF (BATS:SATO) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 34,398 shares of the company’s stock, valued at approximately $483,000. International Assets Investment Management LLC owned 0.07% of Invesco Alerian Galaxy Crypto Economy ETF as of its most recent SEC filing.

Invesco Alerian Galaxy Crypto Economy ETF Trading Down 0.3 %

SATO opened at $13.22 on Friday. The company has a 50 day moving average price of $13.63 and a 200 day moving average price of $11.75. The stock has a market cap of $8.59 million, a PE ratio of 9.98 and a beta of 2.05.

Invesco Alerian Galaxy Crypto Economy ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were paid a dividend of $0.1218 per share. This is a boost from Invesco Alerian Galaxy Crypto Economy ETF’s previous dividend of $0.02. The ex-dividend date of this dividend was Monday, March 18th.

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.