iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK – Get Free Report) shares saw an uptick in trading volume on Thursday . Approximately 128,828 shares were traded during trading, a decline of 30% from the previous session’s volume of 182,948 shares.The stock last traded at $66.90 and had previously closed at $66.66.
iShares Cybersecurity and Tech ETF Trading Up 0.4%
The stock’s 50-day moving average price is $60.28 and its 200-day moving average price is $51.86. The company has a market cap of $1.12 billion, a P/E ratio of 26.03 and a beta of 0.80.
Institutional Investors Weigh In On iShares Cybersecurity and Tech ETF
Hedge funds and other institutional investors have recently modified their holdings of the company. Annex Advisory Services LLC bought a new position in shares of iShares Cybersecurity and Tech ETF in the 2nd quarter worth $28,915,000. Warner Financial Inc. grew its holdings in shares of iShares Cybersecurity and Tech ETF by 87.4% during the second quarter. Warner Financial Inc. now owns 9,850 shares of the company’s stock valued at $598,000 after buying an additional 4,595 shares during the last quarter. Western Wealth Management LLC raised its holdings in shares of iShares Cybersecurity and Tech ETF by 16.9% in the 1st quarter. Western Wealth Management LLC now owns 6,324 shares of the company’s stock worth $276,000 after acquiring an additional 913 shares during the last quarter. Royal Bank of Canada lifted its position in iShares Cybersecurity and Tech ETF by 4.0% in the 1st quarter. Royal Bank of Canada now owns 141,754 shares of the company’s stock valued at $6,187,000 after acquiring an additional 5,511 shares in the last quarter. Finally, Waverly Advisors LLC bought a new position in iShares Cybersecurity and Tech ETF in the 1st quarter valued at about $44,000.
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.
Recommended Stories
- Five stocks we like better than iShares Cybersecurity and Tech ETF
- Joby’s Defense Pivot Accelerates With $500M Resonant Sciences Deal
- Lumentum Just Delivered the AI Growth Investors Wanted
- Ryman Checks Into a $1.38B Hospitality Upgrade
- Axos Financial Keeps Proving the Digital Banking Model Works
Receive News & Ratings for iShares Cybersecurity and Tech ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Cybersecurity and Tech ETF and related companies with MarketBeat.com's FREE daily email newsletter.
