Naples Global Advisors LLC increased its holdings in the iShares Cybersecurity and Tech ETF (NYSEARCA: IHAK – Free Report) in the fourth quarter, according to the company's most recent Form 13F filing with the Securities and Exchange Commission. It is said that the increase in sales was reduced by 2.4%. The institutional investor owned 10,115 shares of the company's stock after selling 250 shares during the period. Naples Global Advisors LLC owned approximately 0.06% of the iShares Cybersecurity and Tech ETF, valued at $460,000, as of its latest filing with the Securities and Exchange Commission.
A number of other large investors have also recently added or reduced their stakes in the company. Raymond James Financial Services Advisors, Inc. lifted its stake in the iShares Cybersecurity and Tech ETF by 114.5% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 39,769 shares of the company's stock valued at $1,698,000 after purchasing an additional 21,232 shares during the last quarter. HighTower Advisors LLC increased his stake in shares of iShares Cyber security and Tech ETF by 60.6% during the 1st quarter. HighTower Advisors LLC now owns 29,240 shares of the company's stock valued at $1,245,000 after purchasing an additional 11,031 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in iShares Cybersecurity and Tech ETF by 69.9% during the 1st quarter. PNC Financial Services Group Inc. now owns 2,712 shares of the company's stock valued at $116,000 after purchasing an additional 1,116 shares during the last quarter. Banque de Montréal Can lifted its holdings in shares of iShares Cybersecurity and Tech ETF by 9.7% during the 1st quarter. Banque de Montreal-Can now owns 51,780 shares of the company's stock valued at $2,235,000 after purchasing an additional 4,591 shares during the last quarter. Finally, Vontobel Holding Ltd. acquired new shares of iShares Cybersecurity and Tech ETF during the 1st quarter valued at approximately $1,387,000.
iShares Cybersecurity and Technology ETF Stock Performance
NYSEARCA IHAK opened at $46.99 on Friday. The iShares Cybersecurity and Technology ETF has a 52-week low of $32.65 and a 52-week high of $49.50. The company's 50 day moving average is $47.34 and its 200 day moving average is $42.97. The stock has a market capitalization of $735.39 million, a P/E ratio of 28.57x, and a beta of 0.82x.
iShares Cybersecurity and Technology ETF Profile
(Free report)
iShares Cybersecurity and Tech ETF (IHAK) is an exchange-traded fund based on the NYSE FactSet Global Cybersecurity Index. The fund tracks an index selected and weighted based on market capitalization of large- and mid-cap stocks involved in cyber hardware and software. IHAK was founded on June 11, 2019 and is managed by BlackRock.
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