Jane Street Group LLC increased its stake in iShares Blockchain and Tech ETF (NYSEARCA:IBLC – Free Report) by 996.1% during the first quarter, according to its most recent filing with the SEC. The fund owned 157,263 shares of the company’s stock after buying an additional 142,915 shares during the quarter. Jane Street Group LLC owned 22.47% of iShares Blockchain and Tech ETF worth $4,936,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. WMG Financial Advisors LLC purchased a new position in shares of iShares Blockchain and Tech ETF in the 4th quarter worth about $201,000. B. Riley Wealth Advisors Inc. purchased a new position in shares of iShares Blockchain and Tech ETF in the 4th quarter worth about $303,000. Finally, Bison Wealth LLC lifted its holdings in 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 purchasing an additional 1,228 shares during the last quarter.
iShares Blockchain and Tech ETF Stock Down 5.9 %
NYSEARCA IBLC opened at $26.22 on Thursday. The company has a market cap of $18.35 million, a PE ratio of 7.52 and a beta of 2.22. iShares Blockchain and Tech ETF has a 52 week low of $15.00 and a 52 week high of $39.73. The firm’s 50-day simple moving average is $32.33 and its two-hundred day simple moving average is $29.17.
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.
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