City State Bank Makes New Investment in iShares Cybersecurity and Tech ETF $IHAK

City State Bank acquired a new stake in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 7,849 shares of the company’s stock, valued at approximately $531,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of IHAK. Annex Advisory Services LLC acquired a new position in shares of iShares Cybersecurity and Tech ETF during the 3rd quarter worth about $69,418,000. Janney Montgomery Scott LLC acquired a new stake in iShares Cybersecurity and Tech ETF in the 1st quarter valued at about $2,084,000. Private Advisor Group LLC grew its holdings in iShares Cybersecurity and Tech ETF by 534.8% during the first quarter. Private Advisor Group LLC now owns 31,291 shares of the company’s stock worth $1,366,000 after purchasing an additional 26,362 shares during the period. Titleist Asset Management LLC acquired a new stake in shares of iShares Cybersecurity and Tech ETF in the third quarter valued at approximately $1,456,000. Finally, B. Riley Wealth Advisors Inc. bought a new position in shares of iShares Cybersecurity and Tech ETF during the 3rd quarter worth approximately $1,405,000.

iShares Cybersecurity and Tech ETF Trading Up 1.0%

IHAK stock opened at $68.14 on Wednesday. The business’s 50 day simple moving average is $66.34 and its 200 day simple moving average is $59.29. iShares Cybersecurity and Tech ETF has a 1-year low of $40.97 and a 1-year high of $73.51. The firm has a market capitalization of $1.18 billion, a PE ratio of 26.03 and a beta of 0.80.

iShares Cybersecurity and Tech ETF Company 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.