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:IHAKFree Report) 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

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding IHAK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Cybersecurity and Tech ETF (NYSEARCA:IHAKFree Report).

Institutional Ownership by Quarter for iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK)

Receive News & Ratings for iShares Cybersecurity and Tech ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Cybersecurity and Tech ETF and related companies with MarketBeat.com's FREE daily email newsletter.