BostonPremier Wealth LLC Trims Holdings in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK)

BostonPremier Wealth LLC lessened its holdings in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) by 1.1% in the first quarter, HoldingsChannel reports. The institutional investor owned 71,199 shares of the company’s stock after selling 806 shares during the quarter. iShares Cybersecurity and Tech ETF makes up 2.1% of BostonPremier Wealth LLC’s portfolio, making the stock its 11th largest position. BostonPremier Wealth LLC’s holdings in iShares Cybersecurity and Tech ETF were worth $3,345,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in IHAK. Bank of America Corp DE increased its position in iShares Cybersecurity and Tech ETF by 16.0% in the fourth quarter. Bank of America Corp DE now owns 1,719,224 shares of the company’s stock worth $83,881,000 after purchasing an additional 236,973 shares during the last quarter. Wharton Business Group LLC increased its position in shares of iShares Cybersecurity and Tech ETF by 0.8% during the fourth quarter. Wharton Business Group LLC now owns 297,295 shares of the company’s stock worth $14,505,000 after acquiring an additional 2,235 shares during the period. HighTower Advisors LLC raised its position in iShares Cybersecurity and Tech ETF by 2.6% during the 4th quarter. HighTower Advisors LLC now owns 120,371 shares of the company’s stock valued at $5,873,000 after purchasing an additional 3,032 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in shares of iShares Cybersecurity and Tech ETF by 2.7% in the fourth quarter. Commonwealth Equity Services LLC now owns 93,092 shares of the company’s stock valued at $4,542,000 after acquiring an additional 2,409 shares in the last quarter. Finally, Nelson Capital Management LLC raised its holdings in shares of iShares Cybersecurity and Tech ETF by 3.4% in the 4th quarter. Nelson Capital Management LLC now owns 82,316 shares of the company’s stock valued at $4,016,000 after purchasing an additional 2,670 shares in the last quarter.

iShares Cybersecurity and Tech ETF Stock Up 0.0%

iShares Cybersecurity and Tech ETF stock opened at $51.77 on Wednesday. The firm has a market cap of $924.09 million, a P/E ratio of 26.93 and a beta of 0.84. iShares Cybersecurity and Tech ETF has a twelve month low of $41.87 and a twelve month high of $53.01. The business has a fifty day moving average of $49.93 and a two-hundred day moving average of $49.61.

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.