Petra Financial Advisors Inc. Increases Position in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK)

Petra Financial Advisors Inc. boosted its stake in shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) by 33.8% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 15,078 shares of the company’s stock after acquiring an additional 3,812 shares during the period. Petra Financial Advisors Inc. owned 0.08% of iShares Cybersecurity and Tech ETF worth $736,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Capital Investment Advisory Services LLC bought a new stake in iShares Cybersecurity and Tech ETF in the 4th quarter valued at $31,000. First Horizon Advisors Inc. increased its holdings in iShares Cybersecurity and Tech ETF by 40.2% in the 3rd quarter. First Horizon Advisors Inc. now owns 1,228 shares of the company’s stock valued at $60,000 after acquiring an additional 352 shares during the last quarter. Allworth Financial LP increased its holdings in iShares Cybersecurity and Tech ETF by 383.5% in the 4th quarter. Allworth Financial LP now owns 1,199 shares of the company’s stock valued at $61,000 after acquiring an additional 951 shares during the last quarter. Roxbury Financial LLC bought a new stake in iShares Cybersecurity and Tech ETF in the 4th quarter valued at $77,000. Finally, IFP Advisors Inc increased its holdings in iShares Cybersecurity and Tech ETF by 12.4% in the 4th quarter. IFP Advisors Inc now owns 2,243 shares of the company’s stock valued at $109,000 after acquiring an additional 248 shares during the last quarter.

iShares Cybersecurity and Tech ETF Stock Performance

Shares of NYSEARCA IHAK opened at $49.16 on Tuesday. The company has a market cap of $938.96 million, a P/E ratio of 25.84 and a beta of 0.82. The firm’s fifty day moving average is $50.02 and its two-hundred day moving average is $49.56. iShares Cybersecurity and Tech ETF has a 52-week low of $42.45 and a 52-week high of $53.01.

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.