First Horizon Advisors Inc. Boosts Stake in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK)

First Horizon Advisors Inc. grew its holdings in shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) by 40.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,228 shares of the company’s stock after acquiring an additional 352 shares during the quarter. First Horizon Advisors Inc.’s holdings in iShares Cybersecurity and Tech ETF were worth $60,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Anchor Investment Management LLC grew its holdings in shares of iShares Cybersecurity and Tech ETF by 41.8% during the 2nd quarter. Anchor Investment Management LLC now owns 1,701 shares of the company’s stock valued at $78,000 after purchasing an additional 501 shares during the last quarter. International Assets Investment Management LLC bought a new position in shares of iShares Cybersecurity and Tech ETF during the 2nd quarter valued at $192,000. GPS Wealth Strategies Group LLC grew its holdings in shares of iShares Cybersecurity and Tech ETF by 115.2% in the second quarter. GPS Wealth Strategies Group LLC now owns 4,407 shares of the company’s stock worth $202,000 after acquiring an additional 2,359 shares during the period. IFG Advisory LLC purchased a new stake in shares of iShares Cybersecurity and Tech ETF during the 2nd quarter valued at about $256,000. Finally, Consolidated Portfolio Review Corp lifted its stake in shares of iShares Cybersecurity and Tech ETF by 12.4% in the 2nd quarter. Consolidated Portfolio Review Corp now owns 5,779 shares of the company’s stock worth $266,000 after purchasing an additional 637 shares during the period.

iShares Cybersecurity and Tech ETF Price Performance

NYSEARCA:IHAK opened at $50.31 on Monday. The business has a fifty day moving average price of $49.34 and a 200-day moving average price of $47.12. iShares Cybersecurity and Tech ETF has a one year low of $40.66 and a one year high of $51.94. The firm has a market capitalization of $905.58 million, a price-to-earnings ratio of 36.33 and a beta of 1.17.

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.