Independent Advisor Alliance Invests $931,000 in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK)

Independent Advisor Alliance bought a new position in shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) during the 4th quarter, HoldingsChannel reports. The fund bought 19,086 shares of the company’s stock, valued at approximately $931,000.

Several other large investors also recently modified their holdings of the stock. Wharton Business Group LLC grew its holdings in shares of iShares Cybersecurity and Tech ETF by 0.8% during the 4th quarter. Wharton Business Group LLC now owns 297,295 shares of the company’s stock worth $14,505,000 after purchasing an additional 2,235 shares in the last quarter. Bank of Montreal Can lifted its position in shares of iShares Cybersecurity and Tech ETF by 180.5% during the 3rd quarter. Bank of Montreal Can now owns 128,147 shares of the company’s stock worth $6,214,000 after buying an additional 82,460 shares during the last quarter. HighTower Advisors LLC lifted its position in shares of iShares Cybersecurity and Tech ETF by 0.7% during the 3rd quarter. HighTower Advisors LLC now owns 117,339 shares of the company’s stock worth $5,697,000 after buying an additional 759 shares during the last quarter. Nelson Capital Management LLC lifted its position in shares of iShares Cybersecurity and Tech ETF by 3.4% during the 4th quarter. Nelson Capital Management LLC now owns 82,316 shares of the company’s stock worth $4,016,000 after buying an additional 2,670 shares during the last quarter. Finally, Gimbal Financial lifted its position in shares of iShares Cybersecurity and Tech ETF by 2.0% during the 4th quarter. Gimbal Financial now owns 76,947 shares of the company’s stock worth $3,754,000 after buying an additional 1,503 shares during the last quarter.

iShares Cybersecurity and Tech ETF Stock Up 2.6 %

Shares of IHAK stock opened at $47.99 on Friday. iShares Cybersecurity and Tech ETF has a twelve month low of $42.45 and a twelve month high of $53.01. The company has a market cap of $916.61 million, a P/E ratio of 25.84 and a beta of 0.82. The business has a fifty day simple moving average of $50.03 and a 200 day simple moving average of $49.55.

iShares Cybersecurity and Tech ETF 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.