Wealth Enhancement Advisory Services LLC Raises Stock Holdings in iShares Cybersecurity and Tech ETF $IHAK

Wealth Enhancement Advisory Services LLC increased its stake in shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) by 25.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,763 shares of the company’s stock after purchasing an additional 1,763 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in iShares Cybersecurity and Tech ETF were worth $471,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in IHAK. Crosspoint Financial LLC purchased a new stake in shares of iShares Cybersecurity and Tech ETF during the 1st quarter worth $2,393,000. Jane Street Group LLC purchased a new stake in shares of iShares Cybersecurity and Tech ETF during the 1st quarter worth $2,255,000. OLD Mission Capital LLC purchased a new stake in iShares Cybersecurity and Tech ETF in the first quarter valued at about $1,142,000. Wharton Business Group LLC raised its stake in iShares Cybersecurity and Tech ETF by 7.1% in the first quarter. Wharton Business Group LLC now owns 318,390 shares of the company’s stock valued at $14,958,000 after buying an additional 21,095 shares during the last quarter. Finally, HB Wealth Management LLC purchased a new stake in iShares Cybersecurity and Tech ETF in the first quarter valued at about $988,000.

iShares Cybersecurity and Tech ETF Stock Performance

iShares Cybersecurity and Tech ETF stock opened at $52.79 on Monday. The stock has a 50-day moving average of $51.63 and a two-hundred day moving average of $50.66. iShares Cybersecurity and Tech ETF has a one year low of $41.87 and a one year high of $53.98. The stock has a market cap of $950.22 million, a PE ratio of 26.03 and a beta of 0.82.

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.