Shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK – Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 95,214 shares traded hands during mid-day trading, an increase of 26% from the previous session’s volume of 75,536 shares.The stock last traded at $49.53 and had previously closed at $49.20.
iShares Cybersecurity and Tech ETF Trading Up 0.3 %
The stock’s fifty day moving average price is $50.23 and its 200 day moving average price is $49.53. The stock has a market cap of $940.31 million, a P/E ratio of 29.96 and a beta of 0.82.
Institutional Trading of iShares Cybersecurity and Tech ETF
A number of institutional investors and hedge funds have recently bought and sold shares of IHAK. BTG Pactual Asset Management US LLC purchased a new stake in iShares Cybersecurity and Tech ETF during the fourth quarter valued at $25,000. Capital Investment Advisory Services LLC purchased a new stake in iShares Cybersecurity and Tech ETF during the fourth quarter valued at $31,000. Wells Fargo & Company MN raised its position in iShares Cybersecurity and Tech ETF by 5,863.6% during the fourth quarter. Wells Fargo & Company MN now owns 656 shares of the company’s stock valued at $32,000 after purchasing an additional 645 shares during the period. First Horizon Advisors Inc. lifted its stake in shares of iShares Cybersecurity and Tech ETF by 40.2% during the 3rd quarter. First Horizon Advisors Inc. now owns 1,228 shares of the company’s stock worth $60,000 after acquiring an additional 352 shares during the last quarter. Finally, Allworth Financial LP boosted its position in iShares Cybersecurity and Tech ETF by 383.5% in the 4th quarter. Allworth Financial LP now owns 1,199 shares of the company’s stock valued at $61,000 after buying an additional 951 shares during the period.
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.
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