Scotia Capital Inc. Takes $203,000 Position in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK)

Scotia Capital Inc. bought a new position in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 4,152 shares of the company’s stock, valued at approximately $203,000.

Other hedge funds also recently bought and sold shares of the company. Capital Investment Advisory Services LLC purchased a new stake in iShares Cybersecurity and Tech ETF in the fourth quarter worth $31,000. Wells Fargo & Company MN lifted its position in shares of iShares Cybersecurity and Tech ETF by 5,863.6% in the 4th quarter. Wells Fargo & Company MN now owns 656 shares of the company’s stock worth $32,000 after purchasing an additional 645 shares during the period. Allworth Financial LP boosted its stake in shares of iShares Cybersecurity and Tech ETF by 383.5% during the 4th quarter. Allworth Financial LP now owns 1,199 shares of the company’s stock valued at $61,000 after purchasing an additional 951 shares in the last quarter. First Horizon Advisors Inc. increased its position in shares of iShares Cybersecurity and Tech ETF by 27.1% during the fourth quarter. First Horizon Advisors Inc. now owns 1,561 shares of the company’s stock valued at $76,000 after buying an additional 333 shares during the period. Finally, Roxbury Financial LLC purchased a new stake in iShares Cybersecurity and Tech ETF in the fourth quarter worth about $77,000.

iShares Cybersecurity and Tech ETF Stock Performance

iShares Cybersecurity and Tech ETF stock opened at $47.04 on Wednesday. iShares Cybersecurity and Tech ETF has a fifty-two week low of $41.87 and a fifty-two week high of $53.01. The stock has a market cap of $898.46 million, a price-to-earnings ratio of 26.34 and a beta of 0.87. The stock’s 50 day simple moving average is $48.56 and its two-hundred day simple moving average is $49.42.

About iShares Cybersecurity and Tech ETF

The iShares Cybersecurity and Tech ETF (IHAK) is an exchange-traded fund that is based on the NYSE FactSet Global Cyber Security index. The fund tracks a market cap-selected and -weighted index of large- and mid-cap companies involved in cyber hardware and software. IHAK was launched on Jun 11, 2019 and is managed by BlackRock.