Integrated Wealth Concepts LLC Trims Stake in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK)

Integrated Wealth Concepts LLC cut its holdings in shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) by 11.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 21,307 shares of the company’s stock after selling 2,815 shares during the quarter. Integrated Wealth Concepts LLC owned about 0.12% of iShares Cybersecurity and Tech ETF worth $1,039,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Wharton Business Group LLC boosted its stake in iShares Cybersecurity and Tech ETF by 42.7% during the third quarter. Wharton Business Group LLC now owns 295,060 shares of the company’s stock worth $14,381,000 after buying an additional 88,300 shares during the period. Commonwealth Equity Services LLC boosted its position in shares of iShares Cybersecurity and Tech ETF by 6.4% during the 2nd quarter. Commonwealth Equity Services LLC now owns 157,362 shares of the company’s stock worth $7,231,000 after purchasing an additional 9,509 shares during the period. Oppenheimer Asset Management Inc. increased its holdings in iShares Cybersecurity and Tech ETF by 9.4% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 142,965 shares of the company’s stock valued at $6,569,000 after purchasing an additional 12,234 shares during the last quarter. Bank of Montreal Can raised its position in iShares Cybersecurity and Tech ETF by 180.5% in the third quarter. Bank of Montreal Can now owns 128,147 shares of the company’s stock valued at $6,214,000 after purchasing an additional 82,460 shares during the period. Finally, HighTower Advisors LLC lifted its stake in iShares Cybersecurity and Tech ETF by 0.7% during the third quarter. HighTower Advisors LLC now owns 117,339 shares of the company’s stock worth $5,697,000 after purchasing an additional 759 shares in the last quarter.

iShares Cybersecurity and Tech ETF Trading Up 0.4 %

Shares of NYSEARCA IHAK opened at $51.55 on Monday. The stock has a market capitalization of $927.90 million, a PE ratio of 36.33 and a beta of 1.17. iShares Cybersecurity and Tech ETF has a twelve month low of $42.45 and a twelve month high of $52.15. The stock has a fifty day simple moving average of $49.87 and a 200-day simple moving average of $47.51.

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.