iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK – Get Free Report) saw unusually-strong 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 company has a market capitalization of $1.12 billion, a P/E ratio of 26.03 and a beta of 0.80. The company’s fifty day moving average is $60.28 and its 200 day moving average is $51.86.
Hedge Funds Weigh In On iShares Cybersecurity and Tech ETF
Several hedge funds have recently made changes to their positions in IHAK. Annex Advisory Services LLC purchased a new position in shares of iShares Cybersecurity and Tech ETF during the second quarter worth about $28,915,000. Jane Street Group LLC raised its stake in iShares Cybersecurity and Tech ETF by 268.9% in the fourth quarter. Jane Street Group LLC now owns 88,948 shares of the company’s stock valued at $4,280,000 after purchasing an additional 64,835 shares in the last quarter. Janney Montgomery Scott LLC purchased a new stake in iShares Cybersecurity and Tech ETF in the first quarter valued at approximately $2,084,000. NorthRock Partners LLC lifted its position in iShares Cybersecurity and Tech ETF by 24,940.1% during the third quarter. NorthRock Partners LLC now owns 36,809 shares of the company’s stock valued at $1,926,000 after purchasing an additional 36,662 shares during the last quarter. Finally, Private Advisor Group LLC grew its stake in iShares Cybersecurity and Tech ETF by 534.8% in the 1st quarter. Private Advisor Group LLC now owns 31,291 shares of the company’s stock worth $1,366,000 after buying an additional 26,362 shares in the last quarter.
iShares Cybersecurity and Tech ETF Company Profile
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.
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