Mark Sheptoff Financial Planning LLC Reduces Stock Position in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK)

Mark Sheptoff Financial Planning LLC decreased its stake in shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) by 6.1% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 28,541 shares of the company’s stock after selling 1,851 shares during the quarter. Mark Sheptoff Financial Planning LLC’s holdings in iShares Cybersecurity and Tech ETF were worth $1,311,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. UBS Group AG increased its stake in shares of iShares Cybersecurity and Tech ETF by 3.7% in the 4th quarter. UBS Group AG now owns 320,639 shares of the company’s stock worth $14,567,000 after acquiring an additional 11,353 shares during the last quarter. FinTrust Capital Advisors LLC acquired a new stake in iShares Cybersecurity and Tech ETF during the fourth quarter worth about $68,000. Valley Financial Group Inc. purchased a new position in iShares Cybersecurity and Tech ETF during the fourth quarter worth about $382,000. Retirement Capital Strategies boosted its holdings in iShares Cybersecurity and Tech ETF by 0.4% in the 4th quarter. Retirement Capital Strategies now owns 78,990 shares of the company’s stock valued at $3,589,000 after purchasing an additional 303 shares during the last quarter. Finally, Northwest Wealth Management LLC purchased a new stake in shares of iShares Cybersecurity and Tech ETF in the 4th quarter valued at approximately $202,000.

iShares Cybersecurity and Tech ETF Stock Performance

IHAK stock opened at $47.34 on Thursday. iShares Cybersecurity and Tech ETF has a one year low of $36.13 and a one year high of $49.50. The firm has a market cap of $852.12 million, a PE ratio of 36.33 and a beta of 1.17. The firm’s 50 day moving average price is $46.87 and its 200-day moving average price is $45.96.

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.