Vise Technologies Inc. Invests $657,000 in iShares Blockchain and Tech ETF $IBLC

Vise Technologies Inc. purchased a new position in shares of iShares Blockchain and Tech ETF (NYSEARCA:IBLC) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 16,063 shares of the company’s stock, valued at approximately $657,000.

Several other large investors have also modified their holdings of IBLC. Jane Street Group LLC lifted its position in shares of iShares Blockchain and Tech ETF by 585.4% during the first quarter. Jane Street Group LLC now owns 72,938 shares of the company’s stock worth $1,800,000 after purchasing an additional 62,297 shares during the last quarter. B. Riley Wealth Advisors Inc. bought a new position in shares of iShares Blockchain and Tech ETF during the second quarter worth about $437,000. WCG Wealth Advisors LLC lifted its position in shares of iShares Blockchain and Tech ETF by 5.3% during the third quarter. WCG Wealth Advisors LLC now owns 23,897 shares of the company’s stock worth $1,324,000 after purchasing an additional 1,199 shares during the last quarter. Financial Engines Advisors L.L.C. bought a new position in shares of iShares Blockchain and Tech ETF during the third quarter worth about $2,546,000. Finally, Advisory Services Network LLC bought a new position in shares of iShares Blockchain and Tech ETF during the third quarter worth about $78,000.

iShares Blockchain and Tech ETF Stock Performance

Shares of IBLC stock opened at $47.54 on Thursday. iShares Blockchain and Tech ETF has a one year low of $32.56 and a one year high of $68.77. The company’s 50-day simple moving average is $47.59 and its 200-day simple moving average is $44.69. The stock has a market capitalization of $87.95 million, a price-to-earnings ratio of 24.74 and a beta of 3.16.

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.