(IBLC) iShares Blockchain Tech - Ratings and Ratios

The iShares Blockchain and Tech ETF (IBLC) is designed to provide exposure to companies involved in blockchain technology and related industries. The fund primarily invests in securities from its underlying index, targeting firms that develop, implement, or utilize blockchain technologies. It may also hold investments that mirror the economic characteristics of these securities. The ETF is non-diversified, meaning it can concentrate its holdings in a smaller number of securities, which may increase risk but also potentially amplify returns. Up to 20% of its assets may be allocated to derivatives like futures, options, and swap contracts, along with cash and cash equivalents, to manage risk or enhance returns.

As of the latest data, IBLC trades on the NYSE ARCA under the ticker symbol IBLC. It is categorized as a Digital Assets ETF, focusing on companies in the blockchain and technology sectors. The funds average trading volume over the past 20 days is 16,942 shares, with a last price of $28.76. Its short-term and long-term moving averages stand at $32.78 (SMA 20) and $33.03 (SMA 200), respectively, while its average true range (ATR) is $1.75, indicating moderate volatility. The funds assets under management (AUM) total $34.82 million, reflecting its relatively small size in the ETF market.

3-Month Forecast (Based on Technical and Fundamental Data): - Technical Outlook: The funds price is currently below its SMA 20 and SMA 50, suggesting potential near-term weakness. However, the SMA 200 is slightly above the current price, indicating long-term support. - Volatility Expectation: With an ATR of $1.75, the fund could experience price swings of up to $5.25 over the next three months, translating to a potential range of $23.51 to $34.01. - Fundamental Outlook: The AUM of $34.82 million indicates moderate investor interest, which may lead to higher liquidity risks compared to larger ETFs. - Risk Assessment: The non-diversified nature of the fund and its focus on blockchain and tech companies suggest higher volatility and risk compared to diversified ETFs. This forecast is based on the provided data and should be interpreted as a general market outlook rather than investment advice.