IFP Advisors Inc Purchases 248 Shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK)

IFP Advisors Inc grew its position in shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) by 12.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,243 shares of the company’s stock after acquiring an additional 248 shares during the period. IFP Advisors Inc’s holdings in iShares Cybersecurity and Tech ETF were worth $109,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Capital Investment Advisory Services LLC bought a new position in shares of iShares Cybersecurity and Tech ETF during the fourth quarter valued at about $31,000. Allworth Financial LP raised its stake in shares of iShares Cybersecurity and Tech ETF by 383.5% during the fourth 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. First Horizon Advisors Inc. raised its stake in iShares Cybersecurity and Tech ETF by 40.2% in the third quarter. First Horizon Advisors Inc. now owns 1,228 shares of the company’s stock worth $60,000 after buying an additional 352 shares in the last quarter. Roxbury Financial LLC bought a new position in iShares Cybersecurity and Tech ETF in the fourth quarter worth about $77,000. Finally, Sunbelt Securities Inc. raised its stake in iShares Cybersecurity and Tech ETF by 7.0% in the third quarter. Sunbelt Securities Inc. now owns 3,455 shares of the company’s stock worth $168,000 after buying an additional 225 shares in the last quarter.

iShares Cybersecurity and Tech ETF Price Performance

IHAK stock opened at $48.85 on Wednesday. iShares Cybersecurity and Tech ETF has a 1 year low of $42.45 and a 1 year high of $53.01. The company has a market cap of $930.59 million, a P/E ratio of 29.96 and a beta of 0.82. The firm has a 50-day moving average of $50.19 and a 200 day moving average of $49.59.

About iShares Cybersecurity and Tech ETF

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.