Watts Gwilliam & Co. LLC Trims Position in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK)

Watts Gwilliam & Co. LLC cut its stake in shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) by 17.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 44,684 shares of the company’s stock after selling 9,701 shares during the period. Watts Gwilliam & Co. LLC’s holdings in iShares Cybersecurity and Tech ETF were worth $2,192,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of IHAK. BNP Paribas boosted its position in shares of iShares Cybersecurity and Tech ETF by 9.4% during the 3rd quarter. BNP Paribas now owns 10,280 shares of the company’s stock valued at $501,000 after acquiring an additional 884 shares during the last quarter. HighTower Advisors LLC increased its holdings in shares of iShares Cybersecurity and Tech ETF by 0.7% in the 3rd quarter. HighTower Advisors LLC now owns 117,339 shares of the company’s stock worth $5,697,000 after buying an additional 759 shares during the last quarter. Private Advisor Group LLC raised its position in shares of iShares Cybersecurity and Tech ETF by 51.7% during the 2nd quarter. Private Advisor Group LLC now owns 27,299 shares of the company’s stock valued at $1,254,000 after buying an additional 9,303 shares in the last quarter. Hilltop Holdings Inc. lifted its holdings in shares of iShares Cybersecurity and Tech ETF by 32.6% during the 3rd quarter. Hilltop Holdings Inc. now owns 35,089 shares of the company’s stock worth $1,710,000 after acquiring an additional 8,630 shares during the last quarter. Finally, Centaurus Financial Inc. grew its position in iShares Cybersecurity and Tech ETF by 80.2% in the second quarter. Centaurus Financial Inc. now owns 9,348 shares of the company’s stock worth $430,000 after acquiring an additional 4,160 shares in the last quarter.

iShares Cybersecurity and Tech ETF Stock Up 0.4 %

NYSEARCA IHAK opened at $49.23 on Friday. The stock’s 50-day simple moving average is $49.94 and its two-hundred day simple moving average is $48.33. iShares Cybersecurity and Tech ETF has a twelve month low of $42.45 and a twelve month high of $52.15. The company has a market capitalization of $886.14 million, a price-to-earnings ratio of 36.33 and a beta of 1.17.

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.