Shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK – Get Free Report) reached a new 52-week high during trading on Friday. The stock traded as high as $71.66 and last traded at $71.47, with a volume of 53147 shares changing hands. The stock had previously closed at $70.16.
iShares Cybersecurity and Tech ETF Price Performance
The business’s fifty day simple moving average is $65.53 and its two-hundred day simple moving average is $57.85. The company has a market cap of $1.24 billion, a PE ratio of 26.03 and a beta of 0.80.
Institutional Investors Weigh In On iShares Cybersecurity and Tech ETF
A number of institutional investors have recently modified their holdings of the business. Private Advisor Group LLC increased its position in shares of iShares Cybersecurity and Tech ETF by 534.8% in the first quarter. Private Advisor Group LLC now owns 31,291 shares of the company’s stock valued at $1,366,000 after buying an additional 26,362 shares in the last quarter. Janney Montgomery Scott LLC acquired a new position in shares of iShares Cybersecurity and Tech ETF during the 1st quarter worth approximately $2,084,000. Annex Advisory Services LLC purchased a new position in shares of iShares Cybersecurity and Tech ETF during the 2nd quarter valued at approximately $28,915,000. Titleist Asset Management LLC purchased a new position in shares of iShares Cybersecurity and Tech ETF during the 3rd quarter valued at approximately $1,456,000. Finally, Waverly Advisors LLC purchased a new position in shares of iShares Cybersecurity and Tech ETF during the 1st quarter valued at approximately $44,000.
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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