Shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK – Get Free Report) saw strong trading volume on Tuesday . 52,452 shares traded hands during trading, a decline of 38% from the previous session’s volume of 84,326 shares.The stock last traded at $50.38 and had previously closed at $50.72.
iShares Cybersecurity and Tech ETF Stock Down 3.9 %
The firm’s fifty day simple moving average is $50.22 and its 200-day simple moving average is $47.81. The firm has a market capitalization of $872.64 million, a PE ratio of 36.33 and a beta of 1.17.
Institutional Trading of iShares Cybersecurity and Tech ETF
A number of institutional investors and hedge funds have recently modified their holdings of IHAK. First Horizon Advisors Inc. bought a new stake in shares of iShares Cybersecurity and Tech ETF in the second quarter worth approximately $40,000. Anchor Investment Management LLC grew its position in iShares Cybersecurity and Tech ETF by 41.8% in the 2nd quarter. Anchor Investment Management LLC now owns 1,701 shares of the company’s stock worth $78,000 after purchasing an additional 501 shares during the period. Sunbelt Securities Inc. raised its stake in iShares Cybersecurity and Tech ETF by 7.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 3,455 shares of the company’s stock valued at $168,000 after buying an additional 225 shares during the last quarter. International Assets Investment Management LLC bought a new position in shares of iShares Cybersecurity and Tech ETF during the 2nd quarter valued at $192,000. Finally, LRI Investments LLC purchased a new position in shares of iShares Cybersecurity and Tech ETF in the 3rd quarter worth $194,000.
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.
See Also
- Five stocks we like better than iShares Cybersecurity and Tech ETF
- The 3 Best Retail Stocks to Shop for in August
- Rebalancing in 2025: Here Are 3 Stocks to Buy Under $10
- Stock Splits, Do They Really Impact Investors?
- 3 Most Upgraded Stocks Closing 2024: What’s Next?
- What is Insider Trading? What You Can Learn from Insider Trading
- 3 Best Industrials Sector Picks for Long-Term Investors in 2025
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.
