Hilltop Holdings Inc. Buys 8,630 Shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK)

Hilltop Holdings Inc. grew its stake in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) by 32.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 35,089 shares of the company’s stock after acquiring an additional 8,630 shares during the quarter. Hilltop Holdings Inc. owned 0.19% of iShares Cybersecurity and Tech ETF worth $1,710,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. BNP Paribas boosted its holdings in iShares Cybersecurity and Tech ETF by 9.4% in the third quarter. BNP Paribas now owns 10,280 shares of the company’s stock worth $501,000 after acquiring an additional 884 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of iShares Cybersecurity and Tech ETF by 6.4% during the second quarter. Commonwealth Equity Services LLC now owns 157,362 shares of the company’s stock valued at $7,231,000 after purchasing an additional 9,509 shares in the last quarter. Private Advisor Group LLC lifted its holdings in shares of iShares Cybersecurity and Tech ETF by 51.7% during the second quarter. Private Advisor Group LLC now owns 27,299 shares of the company’s stock valued at $1,254,000 after purchasing an additional 9,303 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of iShares Cybersecurity and Tech ETF by 96.9% during the second quarter. Farther Finance Advisors LLC now owns 6,425 shares of the company’s stock valued at $295,000 after purchasing an additional 3,162 shares in the last quarter. Finally, GPS Wealth Strategies Group LLC lifted its holdings in shares of iShares Cybersecurity and Tech ETF by 115.2% during the second quarter. GPS Wealth Strategies Group LLC now owns 4,407 shares of the company’s stock valued at $202,000 after purchasing an additional 2,359 shares in the last quarter.

iShares Cybersecurity and Tech ETF Price Performance

Shares of NYSEARCA:IHAK opened at $50.90 on Wednesday. The company has a market cap of $916.20 million, a P/E ratio of 36.33 and a beta of 1.17. iShares Cybersecurity and Tech ETF has a 1 year low of $42.25 and a 1 year high of $51.94. The stock’s fifty day moving average price is $49.68 and its 200-day moving average price is $47.39.

About iShares Cybersecurity and Tech ETF

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.