iShares Blockchain and Tech ETF (NYSEARCA:IBLC – Get Free Report)’s stock price traded down 0.4% during trading on Wednesday . The company traded as low as $25.53 and last traded at $26.37. 4,758 shares were traded during mid-day trading, a decline of 78% from the average session volume of 21,804 shares. The stock had previously closed at $26.47.
iShares Blockchain and Tech ETF Price Performance
The company has a 50-day moving average of $28.05 and a 200 day moving average of $25.30. The company has a market cap of $18.46 million, a PE ratio of 7.52 and a beta of 2.22.
Institutional Trading of iShares Blockchain and Tech ETF
A number of institutional investors have recently bought and sold shares of IBLC. Bison Wealth LLC grew its stake in shares of iShares Blockchain and Tech ETF by 10.2% during the fourth quarter. Bison Wealth LLC now owns 13,228 shares of the company’s stock valued at $386,000 after buying an additional 1,228 shares during the last quarter. WMG Financial Advisors LLC purchased a new position in iShares Blockchain and Tech ETF during the 4th quarter valued at $201,000. B. Riley Wealth Advisors Inc. bought a new position in iShares Blockchain and Tech ETF in the 4th quarter valued at $303,000. Finally, WCG Wealth Advisors LLC purchased a new stake in iShares Blockchain and Tech ETF in the third quarter worth $237,000.
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.
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