Shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK – Get Free Report) saw strong trading volume on Friday . 159,379 shares changed hands during trading, an increase of 68% from the previous session’s volume of 95,023 shares.The stock last traded at $46.21 and had previously closed at $46.14.
iShares Cybersecurity and Tech ETF Stock Performance
The business’s fifty day simple moving average is $44.91 and its 200-day simple moving average is $45.85. The company has a market capitalization of $835.02 million, a P/E ratio of 36.33 and a beta of 1.17.
Institutional Investors Weigh In On iShares Cybersecurity and Tech ETF
Several large investors have recently made changes to their positions in the company. Larson Financial Group LLC raised its stake in iShares Cybersecurity and Tech ETF by 485.4% during the fourth quarter. Larson Financial Group LLC now owns 603 shares of the company’s stock valued at $27,000 after purchasing an additional 500 shares in the last quarter. Richard W. Paul & Associates LLC bought a new stake in shares of iShares Cybersecurity and Tech ETF in the 4th quarter worth about $30,000. Retirement Group LLC raised its position in shares of iShares Cybersecurity and Tech ETF by 88.9% during the 1st quarter. Retirement Group LLC now owns 850 shares of the company’s stock valued at $40,000 after buying an additional 400 shares in the last quarter. Global Retirement Partners LLC bought a new position in shares of iShares Cybersecurity and Tech ETF in the 4th quarter valued at about $53,000. Finally, Anchor Investment Management LLC purchased a new position in iShares Cybersecurity and Tech ETF in the fourth quarter worth about $56,000.
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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