Wealth Enhancement Advisory Services LLC bought a new stake in iShares Blockchain and Tech ETF (NYSEARCA:IBLC – Free Report) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 33,855 shares of the company’s stock, valued at approximately $1,875,000.
Other large investors also recently added to or reduced their stakes in the company. Glass Jacobson Investment Advisors llc purchased a new position in shares of iShares Blockchain and Tech ETF in the second quarter worth about $30,000. WMG Financial Advisors LLC purchased a new position in iShares Blockchain and Tech ETF in the 2nd quarter valued at approximately $235,000. Farther Finance Advisors LLC purchased a new stake in shares of iShares Blockchain and Tech ETF during the third quarter worth $351,000. Forefront Wealth Partners LLC bought a new position in shares of iShares Blockchain and Tech ETF in the third quarter worth $423,000. Finally, B. Riley Wealth Advisors Inc. purchased a new position in shares of iShares Blockchain and Tech ETF in the second quarter valued at $437,000.
iShares Blockchain and Tech ETF Stock Down 5.9%
Shares of NYSEARCA IBLC opened at $43.10 on Friday. The business has a 50-day simple moving average of $46.14 and a two-hundred day simple moving average of $49.09. iShares Blockchain and Tech ETF has a 52 week low of $21.46 and a 52 week high of $68.77. The company has a market cap of $84.05 million, a P/E ratio of 24.74 and a beta of 3.24.
iShares Blockchain and Tech ETF Profile
The iShares Blockchain and Tech ETF (IBLC) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of global companies that are involved in the development, innovation, and utilisation of blockchain and crypto technologies. Constituents are selected based on their total revenue related to the target theme, and are weighted based on free-float market cap. IBLC was launched on Apr 25, 2022 and is managed by BlackRock.
Read More
- Five stocks we like better than iShares Blockchain and Tech ETF
- Do not delete, read immediately
- NEW LAW: Congress Approves Setup For Digital Dollar?
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
- A U.S. “birthright” claim worth trillions – activated quietly
- The Crash Has Already Started (Most Just Don’t See It Yet)
Want to see what other hedge funds are holding IBLC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Blockchain and Tech ETF (NYSEARCA:IBLC – Free Report).
Receive News & Ratings for iShares Blockchain and Tech ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Blockchain and Tech ETF and related companies with MarketBeat.com's FREE daily email newsletter.
