First Horizon Advisors Inc. Has $76,000 Stock Position in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK)

First Horizon Advisors Inc. grew its stake in shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) by 27.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,561 shares of the company’s stock after purchasing an additional 333 shares during the quarter. First Horizon Advisors Inc.’s holdings in iShares Cybersecurity and Tech ETF were worth $76,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in IHAK. Wharton Business Group LLC boosted its stake in iShares Cybersecurity and Tech ETF by 42.7% in the 3rd quarter. Wharton Business Group LLC now owns 295,060 shares of the company’s stock valued at $14,381,000 after purchasing an additional 88,300 shares during the period. Bank of Montreal Can raised its holdings 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 in the last quarter. HighTower Advisors LLC increased its holdings in iShares Cybersecurity and Tech ETF by 0.7% in the 3rd quarter. HighTower Advisors LLC now owns 117,339 shares of the company’s stock worth $5,697,000 after purchasing an additional 759 shares in the last quarter. Gimbal Financial increased its holdings in iShares Cybersecurity and Tech ETF by 2.0% in the 4th quarter. Gimbal Financial now owns 76,947 shares of the company’s stock worth $3,754,000 after purchasing an additional 1,503 shares in the last quarter. Finally, BostonPremier Wealth LLC acquired a new position in iShares Cybersecurity and Tech ETF in the 4th quarter worth about $3,513,000.

iShares Cybersecurity and Tech ETF Stock Down 1.9 %

Shares of IHAK opened at $48.32 on Friday. iShares Cybersecurity and Tech ETF has a 12-month low of $42.45 and a 12-month high of $53.01. The business has a 50-day simple moving average of $50.24 and a two-hundred day simple moving average of $49.52. The stock has a market cap of $920.50 million, a PE ratio of 29.96 and a beta of 0.82.

iShares Cybersecurity and Tech ETF 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.