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

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (NASDAQ:EVMT)’s share price traded up 1% during mid-day trading on Thursday . The stock traded as high as $18.38 and last traded at $17.57. Approximately 2,383 shares traded hands during mid-day trading, a decline of 72% from the average session volume of 8,405 shares. The stock had previously closed at $17.40.

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF Trading Up 1.0%

The stock has a fifty day moving average of $18.86 and a 200-day moving average of $18.05.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. WT Wealth Management bought a new position in shares of Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF during the 4th quarter worth $1,155,000. Trek Financial LLC acquired a new stake in Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF in the 4th quarter worth approximately $4,046,000. Finally, Jane Street Group LLC grew its holdings 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 buying an additional 18,798 shares during the last quarter.

Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF Company Profile

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.