Larson Financial Group LLC Raises Stock Holdings in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK)

Larson Financial Group LLC grew its stake in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) by 485.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 603 shares of the company’s stock after buying an additional 500 shares during the period. Larson Financial Group LLC’s holdings in iShares Cybersecurity and Tech ETF were worth $27,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Ellis Investment Partners LLC increased its position in iShares Cybersecurity and Tech ETF by 2.0% in the fourth quarter. Ellis Investment Partners LLC now owns 15,627 shares of the company’s stock worth $710,000 after buying an additional 308 shares in the last quarter. Richard W. Paul & Associates LLC purchased a new stake in shares of iShares Cybersecurity and Tech ETF during the fourth quarter worth about $30,000. SageView Advisory Group LLC grew its position in shares of iShares Cybersecurity and Tech ETF by 11.9% during the third quarter. SageView Advisory Group LLC now owns 7,501 shares of the company’s stock worth $289,000 after purchasing an additional 800 shares in the last quarter. Fifth Third Bancorp purchased a new stake in shares of iShares Cybersecurity and Tech ETF during the third quarter worth about $35,000. Finally, Global Retirement Partners LLC purchased a new stake in shares of iShares Cybersecurity and Tech ETF during the fourth quarter worth about $53,000.

iShares Cybersecurity and Tech ETF Trading Up 1.1 %

NYSEARCA:IHAK opened at $44.64 on Friday. iShares Cybersecurity and Tech ETF has a 12-month low of $32.65 and a 12-month high of $49.50. The stock has a 50-day moving average price of $46.41 and a 200 day moving average price of $44.18. The stock has a market capitalization of $807.98 million, a P/E ratio of 37.07 and a beta of 1.17.

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.