WCG Wealth Advisors LLC Boosts Stock Position in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK)

WCG Wealth Advisors LLC increased its stake in shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) by 9.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,155 shares of the company’s stock after purchasing an additional 1,940 shares during the quarter. WCG Wealth Advisors LLC owned approximately 0.12% of iShares Cybersecurity and Tech ETF worth $1,018,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IHAK. Retirement Group LLC increased its position in iShares Cybersecurity and Tech ETF by 88.9% during the 1st quarter. Retirement Group LLC now owns 850 shares of the company’s stock worth $40,000 after purchasing an additional 400 shares in the last quarter. First Horizon Advisors Inc. purchased a new stake in iShares Cybersecurity and Tech ETF during the 2nd quarter worth about $40,000. FinTrust Capital Advisors LLC purchased a new stake in iShares Cybersecurity and Tech ETF during the 4th quarter worth about $68,000. Woodmont Investment Counsel LLC purchased a new stake in iShares Cybersecurity and Tech ETF during the 1st quarter worth about $155,000. Finally, International Assets Investment Management LLC acquired a new stake in iShares Cybersecurity and Tech ETF in the 2nd quarter worth about $192,000.

iShares Cybersecurity and Tech ETF Trading Up 1.9 %

Shares of NYSEARCA:IHAK opened at $48.25 on Friday. The stock’s 50-day moving average price is $46.91 and its two-hundred day moving average price is $45.98. iShares Cybersecurity and Tech ETF has a 12-month low of $36.13 and a 12-month high of $49.50. The firm has a market cap of $868.50 million, a price-to-earnings ratio of 36.33 and a beta of 1.17.

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.