WMG Financial Advisors LLC Invests $235,000 in iShares Blockchain and Tech ETF $IBLC

WMG Financial Advisors LLC bought a new position in shares of iShares Blockchain and Tech ETF (NYSEARCA:IBLC) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 5,994 shares of the company’s stock, valued at approximately $235,000. WMG Financial Advisors LLC owned approximately 0.52% of iShares Blockchain and Tech ETF as of its most recent SEC filing.

A number of other large investors have also modified their holdings of IBLC. Flow Traders U.S. LLC purchased a new stake in shares of iShares Blockchain and Tech ETF during the first quarter worth $374,000. WCG Wealth Advisors LLC grew its holdings in shares of iShares Blockchain and Tech ETF by 54.4% during the first quarter. WCG Wealth Advisors LLC now owns 23,883 shares of the company’s stock worth $590,000 after buying an additional 8,414 shares in the last quarter. Jane Street Group LLC grew its holdings 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 buying an additional 62,297 shares in the last quarter. Finally, Signal Advisors Wealth LLC grew its holdings in shares of iShares Blockchain and Tech ETF by 16.5% during the second quarter. Signal Advisors Wealth LLC now owns 61,812 shares of the company’s stock worth $2,427,000 after buying an additional 8,751 shares in the last quarter.

iShares Blockchain and Tech ETF Stock Up 1.8%

iShares Blockchain and Tech ETF stock opened at $65.50 on Friday. iShares Blockchain and Tech ETF has a 52-week low of $21.46 and a 52-week high of $65.50. The firm has a market capitalization of $98.25 million, a price-to-earnings ratio of 24.74 and a beta of -4.06. The company has a fifty day simple moving average of $48.30 and a 200-day simple moving average of $38.25.

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.