James Investment Research Inc. Makes New Investment in iShares Blockchain and Tech ETF $IBLC

James Investment Research Inc. acquired a new stake in iShares Blockchain and Tech ETF (NYSEARCA:IBLC) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 11,588 shares of the company’s stock, valued at approximately $423,000. James Investment Research Inc. owned about 0.63% of iShares Blockchain and Tech ETF at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. Foguth Wealth Management LLC. purchased a new position in iShares Blockchain and Tech ETF in the fourth quarter valued at approximately $5,856,000. Jane Street Group LLC lifted its stake in shares of iShares Blockchain and Tech ETF by 2,193.7% in the fourth quarter. Jane Street Group LLC now owns 92,300 shares of the company’s stock worth $3,776,000 after acquiring an additional 88,276 shares in the last quarter. Financial Engines Advisors L.L.C. acquired a new position in shares of iShares Blockchain and Tech ETF in the 3rd quarter valued at approximately $2,546,000. Wealth Enhancement Advisory Services LLC boosted its stake in iShares Blockchain and Tech ETF by 21.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 41,198 shares of the company’s stock valued at $1,685,000 after acquiring an additional 7,343 shares during the last quarter. Finally, Osaic Holdings Inc. lifted its position in shares of iShares Blockchain and Tech ETF by 1.1% during the fourth quarter. Osaic Holdings Inc. now owns 32,880 shares of the company’s stock worth $1,345,000 after purchasing an additional 352 shares during the last quarter.

iShares Blockchain and Tech ETF Price Performance

Shares of IBLC opened at $45.32 on Friday. iShares Blockchain and Tech ETF has a 12-month low of $33.88 and a 12-month high of $68.77. The business’s fifty day moving average price is $50.75 and its 200 day moving average price is $44.89. The stock has a market capitalization of $83.84 million, a PE ratio of 24.74 and a beta of 3.19.

iShares Blockchain and Tech ETF Company 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.