Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT – Get Free Report)’s stock price traded up 1% during mid-day trading on Thursday . The company traded as high as $18.38 and last traded at $17.57. 2,383 shares changed hands during mid-day trading, a decline of 72% from the average daily volume of 8,405 shares. The stock had previously closed at $17.40.
Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF Stock Up 0.2%
The company’s 50 day moving average price is $18.84 and its 200 day moving average price is $18.05.
Institutional Investors Weigh In On Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. WT Wealth Management lifted its holdings 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 buying an additional 15,532 shares in the last quarter. Trek Financial LLC purchased a new position in Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF in the 4th quarter valued at about $4,046,000. Finally, Jane Street Group LLC grew its stake in shares of Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF by 89.9% during the second quarter. Jane Street Group LLC now owns 39,699 shares of the company’s stock valued at $619,000 after acquiring 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.
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