Bank of America Corp DE lifted its position in shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK – Get Rating) by 20.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,520,807 shares of the company’s stock after acquiring an additional 255,067 shares during the quarter. Bank of America Corp DE owned 10.42% of iShares Cybersecurity and Tech ETF worth $50,217,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. CoreCap Advisors LLC acquired a new position in iShares Cybersecurity and Tech ETF during the fourth quarter worth about $27,000. HighTower Advisors LLC grew its position in iShares Cybersecurity and Tech ETF by 12.2% during the fourth quarter. HighTower Advisors LLC now owns 20,166 shares of the company’s stock worth $664,000 after buying an additional 2,194 shares during the period. Raymond James Financial Services Advisors Inc. grew its position in iShares Cybersecurity and Tech ETF by 73.0% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 29,132 shares of the company’s stock worth $962,000 after buying an additional 12,289 shares during the period. Crosspoint Financial LLC acquired a new position in iShares Cybersecurity and Tech ETF during the fourth quarter worth about $1,120,000. Finally, Raymond James & Associates acquired a new position in iShares Cybersecurity and Tech ETF during the fourth quarter worth about $379,000.
iShares Cybersecurity and Tech ETF Trading Up 0.8 %
Shares of IHAK opened at $36.93 on Wednesday. iShares Cybersecurity and Tech ETF has a twelve month low of $31.29 and a twelve month high of $39.44. The firm has a market capitalization of $559.56 million, a P/E ratio of 28.57 and a beta of 0.82. The firm’s 50-day moving average is $35.21 and its two-hundred day moving average is $34.55.
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.
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