Marshall Wace LLP Takes $413,000 Position in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK)

Marshall Wace LLP bought a new position in shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 8,980 shares of the company’s stock, valued at approximately $413,000.

A number of other hedge funds have also added to or reduced their stakes in the business. Retirement Group LLC boosted its holdings in iShares Cybersecurity and Tech ETF by 88.9% in the first quarter. Retirement Group LLC now owns 850 shares of the company’s stock worth $40,000 after acquiring an additional 400 shares in the last quarter. First Horizon Advisors Inc. bought a new position in shares of iShares Cybersecurity and Tech ETF in the 2nd quarter worth $40,000. Woodmont Investment Counsel LLC acquired a new stake in iShares Cybersecurity and Tech ETF in the 1st quarter valued at $155,000. International Assets Investment Management LLC acquired a new stake in iShares Cybersecurity and Tech ETF in the 2nd quarter valued at $192,000. Finally, GPS Wealth Strategies Group LLC increased its stake in iShares Cybersecurity and Tech ETF by 115.2% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 4,407 shares of the company’s stock valued at $202,000 after purchasing an additional 2,359 shares in the last quarter.

iShares Cybersecurity and Tech ETF Price Performance

IHAK opened at $49.96 on Friday. iShares Cybersecurity and Tech ETF has a fifty-two week low of $36.13 and a fifty-two week high of $49.98. The firm has a market capitalization of $899.28 million, a PE ratio of 36.33 and a beta of 1.17. The company’s 50-day moving average is $47.48 and its 200 day moving average is $46.05.

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.