BostonPremier Wealth LLC Invests $3.51 Million in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK)

BostonPremier Wealth LLC purchased a new position in shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) during the fourth quarter, HoldingsChannel reports. The firm purchased 72,005 shares of the company’s stock, valued at approximately $3,513,000. iShares Cybersecurity and Tech ETF comprises 2.1% of BostonPremier Wealth LLC’s portfolio, making the stock its 11th biggest position.

Other large investors have also recently added to or reduced their stakes in the company. Capital Investment Advisory Services LLC acquired a new stake in shares of iShares Cybersecurity and Tech ETF in the fourth quarter valued at about $31,000. First Horizon Advisors Inc. increased its holdings in iShares Cybersecurity and Tech ETF by 40.2% in the third quarter. First Horizon Advisors Inc. now owns 1,228 shares of the company’s stock valued at $60,000 after buying an additional 352 shares in the last quarter. Sunbelt Securities Inc. boosted its stake in shares of 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 worth $168,000 after acquiring an additional 225 shares in the last quarter. LRI Investments LLC purchased a new stake in shares of iShares Cybersecurity and Tech ETF during the 3rd quarter worth approximately $194,000. Finally, Rational Advisors LLC acquired a new stake in shares of iShares Cybersecurity and Tech ETF in the 3rd quarter worth approximately $391,000.

iShares Cybersecurity and Tech ETF Stock Performance

Shares of IHAK stock opened at $52.01 on Tuesday. The stock has a fifty day moving average price of $50.07 and a 200 day moving average price of $49.01. The stock has a market cap of $936.18 million, a PE ratio of 36.33 and a beta of 1.17. iShares Cybersecurity and Tech ETF has a 1 year low of $42.45 and a 1 year high of $52.15.

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.