Allianz SE Buys New Stake in iShares Blockchain and Tech ETF (NYSEARCA:IBLC)

Allianz SE purchased a new position in shares of iShares Blockchain and Tech ETF (NYSEARCA:IBLC) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 1,646 shares of the company’s stock, valued at approximately $56,000.

iShares Blockchain and Tech ETF Trading Down 2.6 %

Shares of NYSEARCA:IBLC opened at $24.68 on Tuesday. iShares Blockchain and Tech ETF has a twelve month low of $23.89 and a twelve month high of $46.96. The firm has a market cap of $28.38 million, a P/E ratio of 15.39 and a beta of 3.17. The company has a 50 day moving average of $31.86 and a 200-day moving average of $34.35.

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.