World Investment Advisors Invests $273,000 in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK)

World Investment Advisors bought a new stake in shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 5,604 shares of the company’s stock, valued at approximately $273,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Capital Investment Advisory Services LLC acquired a new position in shares of iShares Cybersecurity and Tech ETF during the fourth quarter valued at about $31,000. Allworth Financial LP increased its stake in iShares Cybersecurity and Tech ETF by 383.5% during the 4th quarter. Allworth Financial LP now owns 1,199 shares of the company’s stock valued at $61,000 after purchasing an additional 951 shares in the last quarter. First Horizon Advisors Inc. raised its holdings in shares of iShares Cybersecurity and Tech ETF by 27.1% in the fourth quarter. First Horizon Advisors Inc. now owns 1,561 shares of the company’s stock worth $76,000 after buying an additional 333 shares during the last quarter. Roxbury Financial LLC acquired a new stake in shares of iShares Cybersecurity and Tech ETF during the fourth quarter worth $77,000. Finally, IFP Advisors Inc grew its holdings in shares of iShares Cybersecurity and Tech ETF by 12.4% during the fourth quarter. IFP Advisors Inc now owns 2,243 shares of the company’s stock valued at $109,000 after buying an additional 248 shares during the last quarter.

iShares Cybersecurity and Tech ETF Price Performance

Shares of IHAK stock opened at $42.95 on Wednesday. The business has a fifty day moving average of $49.09 and a 200 day moving average of $49.51. iShares Cybersecurity and Tech ETF has a 1 year low of $41.87 and a 1 year high of $53.01. The firm has a market capitalization of $820.35 million, a price-to-earnings ratio of 26.34 and a beta of 0.87.

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.