8,204 Shares in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) Bought by Arkadios Wealth Advisors

Arkadios Wealth Advisors bought a new stake in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 8,204 shares of the company’s stock, valued at approximately $377,000.

Other institutional investors have also recently bought and sold shares of the company. International Assets Investment Management LLC acquired a new stake in shares of iShares Cybersecurity and Tech ETF during the 4th quarter valued at $7,585,000. Nelson Capital Management LLC bought a new stake in shares of iShares Cybersecurity and Tech ETF during the first quarter worth about $3,054,000. Raymond James Financial Services Advisors Inc. grew its holdings in shares of iShares Cybersecurity and Tech ETF by 193.7% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 77,278 shares of the company’s stock worth $3,620,000 after purchasing an additional 50,966 shares during the last quarter. Sugar Maple Asset Management LLC acquired a new position in shares of iShares Cybersecurity and Tech ETF in the first quarter valued at approximately $1,106,000. Finally, SageView Advisory Group LLC bought a new position in iShares Cybersecurity and Tech ETF in the 1st quarter valued at approximately $944,000.

iShares Cybersecurity and Tech ETF Price Performance

IHAK opened at $48.63 on Friday. iShares Cybersecurity and Tech ETF has a fifty-two week low of $36.13 and a fifty-two week high of $49.50. The company’s 50 day moving average price is $46.39 and its two-hundred day moving average price is $46.04. The firm has a market capitalization of $875.34 million, a price-to-earnings ratio of 36.33 and a beta of 1.17.

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.