iShares Blockchain and Tech ETF $IBLC Shares Sold by Vise Technologies Inc.

Vise Technologies Inc. trimmed its stake in iShares Blockchain and Tech ETF (NYSEARCA:IBLC) by 41.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 21,805 shares of the company’s stock after selling 15,282 shares during the period. Vise Technologies Inc.’s holdings in iShares Blockchain and Tech ETF were worth $996,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of IBLC. Foguth Wealth Management LLC. raised its stake in iShares Blockchain and Tech ETF by 20.0% during the first quarter. Foguth Wealth Management LLC. now owns 159,355 shares of the company’s stock worth $5,823,000 after acquiring an additional 26,568 shares in the last quarter. James Investment Research Inc. lifted its holdings in shares of iShares Blockchain and Tech ETF by 2.7% during the third quarter. James Investment Research Inc. now owns 13,732 shares of the company’s stock valued at $627,000 after acquiring an additional 357 shares during the period. Acorn Wealth Advisors LLC acquired a new stake in shares of iShares Blockchain and Tech ETF in the 2nd quarter valued at $250,000. Finally, GK Wealth Management LLC acquired a new stake in shares of iShares Blockchain and Tech ETF in the 3rd quarter valued at $29,000.

iShares Blockchain and Tech ETF Stock Performance

IBLC opened at $33.51 on Monday. The firm’s 50-day simple moving average is $43.16 and its 200-day simple moving average is $44.46. iShares Blockchain and Tech ETF has a twelve month low of $31.07 and a twelve month high of $59.63. The firm has a market cap of $60.32 million, a price-to-earnings ratio of 24.74 and a beta of 3.24.

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.