Foguth Wealth Management LLC. cut its stake in iShares Blockchain and Tech ETF (NYSEARCA:IBLC – Free Report) by 15.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 140,352 shares of the company’s stock after selling 25,163 shares during the period. iShares Blockchain and Tech ETF makes up approximately 1.3% of Foguth Wealth Management LLC.’s holdings, making the stock its 25th largest holding. Foguth Wealth Management LLC. owned about 0.20% of iShares Blockchain and Tech ETF worth $4,799,000 at the end of the most recent reporting period.
Separately, B. Riley Wealth Advisors Inc. acquired a new stake in iShares Blockchain and Tech ETF in the second quarter valued at $339,000.
iShares Blockchain and Tech ETF Stock Up 0.4 %
iShares Blockchain and Tech ETF stock opened at $35.80 on Wednesday. The firm has a market capitalization of $25.06 million, a PE ratio of 7.52 and a beta of 2.22. iShares Blockchain and Tech ETF has a 52 week low of $21.86 and a 52 week high of $46.96. The firm’s 50-day simple moving average is $38.37 and its 200 day simple moving average is $33.94.
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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