Wharton Business Group LLC Increases Holdings in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK)

Wharton Business Group LLC lifted its position in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) by 0.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 297,295 shares of the company’s stock after purchasing an additional 2,235 shares during the period. Wharton Business Group LLC owned 1.65% of iShares Cybersecurity and Tech ETF worth $14,505,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of IHAK. Capital Investment Advisory Services LLC purchased a new stake in shares of iShares Cybersecurity and Tech ETF in the fourth quarter valued at approximately $31,000. First Horizon Advisors Inc. boosted its holdings in shares of iShares Cybersecurity and Tech ETF by 40.2% in the third quarter. First Horizon Advisors Inc. now owns 1,228 shares of the company’s stock valued at $60,000 after purchasing an additional 352 shares during the period. Allworth Financial LP boosted its holdings in shares of iShares Cybersecurity and Tech ETF by 383.5% in the fourth quarter. Allworth Financial LP now owns 1,199 shares of the company’s stock valued at $61,000 after purchasing an additional 951 shares during the period. Roxbury Financial LLC purchased a new stake in shares of iShares Cybersecurity and Tech ETF in the fourth quarter valued at approximately $77,000. Finally, IFP Advisors Inc boosted its holdings in shares of iShares Cybersecurity and Tech ETF by 12.4% in the fourth quarter. IFP Advisors Inc now owns 2,243 shares of the company’s stock valued at $109,000 after purchasing an additional 248 shares during the period.

iShares Cybersecurity and Tech ETF Stock Performance

Shares of NYSEARCA IHAK opened at $50.02 on Monday. The firm has a market capitalization of $900.36 million, a price-to-earnings ratio of 36.33 and a beta of 1.17. The stock has a 50 day moving average price of $50.28 and a 200 day moving average price of $49.49. iShares Cybersecurity and Tech ETF has a 52-week low of $42.45 and a 52-week high of $53.01.

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.