iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) Shares Bought by Wharton Business Group LLC

Wharton Business Group LLC grew its stake in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) by 0.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 297,295 shares of the company’s stock after purchasing an additional 2,235 shares during the period. Wharton Business Group LLC’s holdings in iShares Cybersecurity and Tech ETF were worth $14,505,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. IFP Advisors Inc boosted its stake in iShares Cybersecurity and Tech ETF by 12.4% during the 4th quarter. IFP Advisors Inc now owns 2,243 shares of the company’s stock worth $109,000 after purchasing an additional 248 shares during the period. First Horizon Advisors Inc. raised its position in iShares Cybersecurity and Tech ETF by 27.1% during the 4th 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. Gimbal Financial raised its position in iShares Cybersecurity and Tech ETF by 2.0% during the 4th quarter. Gimbal Financial now owns 76,947 shares of the company’s stock worth $3,754,000 after buying an additional 1,503 shares during the last quarter. Global Retirement Partners LLC raised its position in iShares Cybersecurity and Tech ETF by 11.4% during the 4th quarter. Global Retirement Partners LLC now owns 15,532 shares of the company’s stock worth $758,000 after buying an additional 1,594 shares during the last quarter. Finally, Csenge Advisory Group grew its position in iShares Cybersecurity and Tech ETF by 15.8% during the fourth quarter. Csenge Advisory Group now owns 34,042 shares of the company’s stock worth $1,661,000 after buying an additional 4,640 shares during the period.

iShares Cybersecurity and Tech ETF Trading Down 3.2 %

Shares of IHAK opened at $50.02 on Monday. The firm’s 50-day moving average is $50.28 and its two-hundred day moving average is $49.49. iShares Cybersecurity and Tech ETF has a twelve month low of $42.45 and a twelve month high of $53.01. The firm has a market capitalization of $900.36 million, a P/E ratio of 36.33 and a beta of 1.17.

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.