Varma Mutual Pension Insurance Co Invests $1.61 Billion in Invesco MSCI Global Climate 500 ETF (NYSEARCA:KLMT)

Varma Mutual Pension Insurance Co bought a new stake in shares of Invesco MSCI Global Climate 500 ETF (NYSEARCA:KLMT) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 64,298,247 shares of the company’s stock, valued at approximately $1,608,954,000. Invesco MSCI Global Climate 500 ETF accounts for approximately 12.9% of Varma Mutual Pension Insurance Co’s portfolio, making the stock its largest holding.

Invesco MSCI Global Climate 500 ETF Stock Down 1.7 %

Shares of KLMT traded down $0.43 during trading hours on Friday, reaching $24.97. The stock had a trading volume of 101 shares, compared to its average volume of 302. The stock’s 50-day moving average is $25.33. Invesco MSCI Global Climate 500 ETF has a 12 month low of $23.78 and a 12 month high of $26.04.