Raymond James & Associates Increases Position in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK)

Raymond James & Associates increased its position in shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) by 129.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 12,090 shares of the company’s stock after acquiring an additional 6,822 shares during the quarter. Raymond James & Associates owned approximately 0.08% of iShares Cybersecurity and Tech ETF worth $549,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Fifth Third Bancorp purchased a new stake in shares of iShares Cybersecurity and Tech ETF in the third quarter valued at $35,000. Anchor Investment Management LLC purchased a new position in shares of iShares Cybersecurity and Tech ETF during the 4th quarter worth about $56,000. SageView Advisory Group LLC grew its holdings in iShares Cybersecurity and Tech ETF by 11.9% in the third quarter. SageView Advisory Group LLC now owns 7,501 shares of the company’s stock valued at $289,000 after purchasing an additional 800 shares during the period. Redhawk Wealth Advisors Inc. acquired a new position in iShares Cybersecurity and Tech ETF during the fourth quarter worth approximately $306,000. Finally, SeaBridge Investment Advisors LLC increased its position in iShares Cybersecurity and Tech ETF by 26.1% during the third quarter. SeaBridge Investment Advisors LLC now owns 8,190 shares of the company’s stock worth $315,000 after purchasing an additional 1,697 shares during the last quarter.

iShares Cybersecurity and Tech ETF Stock Down 0.8 %

Shares of IHAK opened at $44.17 on Friday. The firm has a market cap of $799.48 million, a PE ratio of 37.07 and a beta of 1.17. The company’s fifty day moving average is $46.49 and its two-hundred day moving average is $44.14. iShares Cybersecurity and Tech ETF has a fifty-two week low of $32.65 and a fifty-two week high of $49.50.

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.