Capital Advisors Ltd. LLC Grows Stake in iShares Cybersecurity and Tech ETF $IHAK

Capital Advisors Ltd. LLC raised its stake in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) by 79.7% during the second quarter, Holdings Channel reports. The fund owned 1,752 shares of the company’s stock after buying an additional 777 shares during the period. Capital Advisors Ltd. LLC’s holdings in iShares Cybersecurity and Tech ETF were worth $93,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IHAK. Ameritas Advisory Services LLC purchased a new position in iShares Cybersecurity and Tech ETF in the second quarter valued at about $40,000. AlphaCore Capital LLC purchased a new position in iShares Cybersecurity and Tech ETF in the first quarter valued at about $52,000. North Star Investment Management Corp. boosted its stake in iShares Cybersecurity and Tech ETF by 1,020.0% in the second quarter. North Star Investment Management Corp. now owns 1,120 shares of the company’s stock valued at $60,000 after acquiring an additional 1,020 shares during the last quarter. Harbour Investments Inc. boosted its stake in iShares Cybersecurity and Tech ETF by 127.1% in the first quarter. Harbour Investments Inc. now owns 1,583 shares of the company’s stock valued at $74,000 after acquiring an additional 886 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its stake in iShares Cybersecurity and Tech ETF by 23.3% in the second quarter. Farther Finance Advisors LLC now owns 2,378 shares of the company’s stock valued at $127,000 after acquiring an additional 450 shares during the last quarter.

iShares Cybersecurity and Tech ETF Trading Down 0.5%

Shares of IHAK stock opened at $52.84 on Friday. The stock has a market capitalization of $951.12 million, a P/E ratio of 26.03 and a beta of 0.82. The firm’s 50 day moving average is $51.71 and its 200 day moving average is $50.75. iShares Cybersecurity and Tech ETF has a 12 month low of $41.87 and a 12 month high of $53.98.

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.