Truist Financial Corp Sells 502 Shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK)

Truist Financial Corp reduced its holdings in shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) by 4.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,735 shares of the company’s stock after selling 502 shares during the quarter. Truist Financial Corp owned approximately 0.05% of iShares Cybersecurity and Tech ETF worth $447,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of IHAK. Retirement Group LLC boosted its stake in iShares Cybersecurity and Tech ETF by 88.9% during the first quarter. Retirement Group LLC now owns 850 shares of the company’s stock valued at $40,000 after buying an additional 400 shares during the period. First Horizon Advisors Inc. bought a new stake in iShares Cybersecurity and Tech ETF during the second quarter worth about $40,000. Woodmont Investment Counsel LLC bought a new stake in iShares Cybersecurity and Tech ETF during the first quarter worth about $155,000. International Assets Investment Management LLC bought a new stake in iShares Cybersecurity and Tech ETF during the second quarter worth about $192,000. Finally, GPS Wealth Strategies Group LLC lifted its stake in iShares Cybersecurity and Tech ETF by 115.2% during the second quarter. GPS Wealth Strategies Group LLC now owns 4,407 shares of the company’s stock worth $202,000 after purchasing an additional 2,359 shares during the last quarter.

iShares Cybersecurity and Tech ETF Trading Up 0.2 %

NYSEARCA IHAK opened at $50.41 on Thursday. iShares Cybersecurity and Tech ETF has a 1-year low of $36.13 and a 1-year high of $50.67. The stock has a 50-day moving average of $48.07 and a 200-day moving average of $46.18. The firm has a market cap of $907.38 million, a PE 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.