Titleist Asset Management LLC Lowers Position in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK)

Titleist Asset Management LLC trimmed its holdings in shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) by 4.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,160 shares of the company’s stock after selling 825 shares during the period. Titleist Asset Management LLC’s holdings in iShares Cybersecurity and Tech ETF were worth $886,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the business. Mountain Hill Investment Partners Corp. bought a new position in shares of iShares Cybersecurity and Tech ETF during the fourth quarter valued at approximately $3,890,000. BostonPremier Wealth LLC purchased a new stake in iShares Cybersecurity and Tech ETF during the fourth quarter worth $3,513,000. Raymond James Financial Inc. bought a new stake in iShares Cybersecurity and Tech ETF during the 4th quarter valued at $2,547,000. Aprio Wealth Management LLC increased its holdings in shares of iShares Cybersecurity and Tech ETF by 62.9% in the 4th quarter. Aprio Wealth Management LLC now owns 71,202 shares of the company’s stock valued at $3,474,000 after acquiring an additional 27,483 shares during the period. Finally, Independent Advisor Alliance bought a new position in shares of iShares Cybersecurity and Tech ETF in the 4th quarter worth $931,000.

iShares Cybersecurity and Tech ETF Price Performance

Shares of NYSEARCA IHAK opened at $43.70 on Monday. iShares Cybersecurity and Tech ETF has a 1-year low of $42.45 and a 1-year high of $53.01. The business has a fifty day moving average price of $49.54 and a 200 day moving average price of $49.63. The stock has a market capitalization of $834.67 million, a P/E ratio of 26.34 and a beta of 0.87.

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.