Allianz SE Invests $56,000 in iShares Blockchain and Tech ETF (NYSEARCA:IBLC)

Allianz SE acquired a new stake in shares of iShares Blockchain and Tech ETF (NYSEARCA:IBLC) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 1,646 shares of the company’s stock, valued at approximately $56,000. Allianz SE owned about 0.24% of iShares Blockchain and Tech ETF as of its most recent SEC filing.

iShares Blockchain and Tech ETF Stock Performance

IBLC stock opened at $24.68 on Tuesday. iShares Blockchain and Tech ETF has a 1 year low of $23.89 and a 1 year high of $46.96. The stock has a market capitalization of $28.38 million, a price-to-earnings ratio of 15.39 and a beta of 3.17. The stock’s fifty day moving average is $31.86 and its two-hundred day moving average is $34.35.

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.