Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) Stock Price Down 0.6% – Here’s What Happened

Shares of Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT) traded down 0.6% during mid-day trading on Thursday . The stock traded as low as $17.73 and last traded at $17.73. Approximately 470 shares traded hands during mid-day trading, a decline of 93% from the average daily volume of 7,081 shares. The stock had previously closed at $17.83.

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF Stock Down 0.6%

The business has a 50 day moving average price of $17.98 and a 200 day moving average price of $18.10.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. WT Wealth Management boosted its position in Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF by 22.8% in the 1st quarter. WT Wealth Management now owns 83,627 shares of the company’s stock worth $1,493,000 after purchasing an additional 15,532 shares in the last quarter. Trek Financial LLC purchased a new position in shares of Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF during the 4th quarter valued at approximately $4,046,000. Finally, Jane Street Group LLC increased its holdings in shares of Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF by 89.9% during the 2nd quarter. Jane Street Group LLC now owns 39,699 shares of the company’s stock valued at $619,000 after purchasing an additional 18,798 shares in the last quarter.

About Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF

The Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (EVMT) is an exchange-traded fund that mostly invests in broad market commodities. The fund is an actively managed fund consisting of commodity-linked futures and other financial instruments that provide exposure to the various metals used to produce electric vehicles. EVMT was launched on Apr 27, 2022 and is managed by Invesco.