Foguth Wealth Management LLC. boosted its position in iShares Blockchain and Tech ETF (NYSEARCA:IBLC – Free Report) by 20.0% during the 1st quarter, Holdings Channel.com reports. The firm owned 159,355 shares of the company’s stock after purchasing an additional 26,568 shares during the period. Foguth Wealth Management LLC. owned about 0.09% of iShares Blockchain and Tech ETF worth $5,823,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also bought and sold shares of the company. Arax Advisory Partners purchased a new stake in iShares Blockchain and Tech ETF in the fourth quarter worth $31,000. Advisory Services Network LLC bought a new stake in shares of iShares Blockchain and Tech ETF in the third quarter valued at $78,000. Commonwealth Equity Services LLC purchased a new position in shares of iShares Blockchain and Tech ETF during the 4th quarter valued at $238,000. Sound Income Strategies LLC purchased a new position in shares of iShares Blockchain and Tech ETF during the 4th quarter valued at $258,000. Finally, Flputnam Investment Management Co. purchased a new position in shares of iShares Blockchain and Tech ETF during the 4th quarter valued at $264,000.
iShares Blockchain and Tech ETF Stock Performance
IBLC stock opened at $43.36 on Friday. The stock has a fifty day moving average of $48.75 and a 200-day moving average of $45.08. iShares Blockchain and Tech ETF has a fifty-two week low of $33.88 and a fifty-two week high of $68.77. The company has a market capitalization of $80.22 million, a price-to-earnings ratio of 24.74 and a beta of 3.19.
About iShares Blockchain and Tech ETF
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
- Popular’s Earnings Beat Shows Why This Bank Stock Keeps Climbing
- ABB’s Rotork Deal Could Put These Flow Control Stocks Back in Focus
- GE HealthCare Stock Climbs on Vital Diagnostics Demand
- Lost in Space: Why Aerospace Valuations Are Plummeting Right Now
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.
