Truist Financial Corp Has $749,000 Position in iShares Cybersecurity and Tech ETF $IHAK

Truist Financial Corp raised its stake in shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) by 9.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,073 shares of the company’s stock after buying an additional 1,237 shares during the quarter. Truist Financial Corp owned about 0.08% of iShares Cybersecurity and Tech ETF worth $749,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Watts Gwilliam & Co. LLC grew its position in shares of iShares Cybersecurity and Tech ETF by 0.7% during the 1st quarter. Watts Gwilliam & Co. LLC now owns 44,978 shares of the company’s stock worth $2,113,000 after buying an additional 294 shares during the period. NewEdge Advisors LLC grew its position in shares of iShares Cybersecurity and Tech ETF by 4.9% during the 1st quarter. NewEdge Advisors LLC now owns 8,318 shares of the company’s stock worth $391,000 after buying an additional 390 shares during the period. Fifth Third Securities Inc. grew its position in shares of iShares Cybersecurity and Tech ETF by 9.2% in the 2nd quarter. Fifth Third Securities Inc. now owns 4,855 shares of the company’s stock valued at $258,000 after purchasing an additional 410 shares during the period. Silver Oak Securities Incorporated grew its position in shares of iShares Cybersecurity and Tech ETF by 5.3% in the 2nd quarter. Silver Oak Securities Incorporated now owns 8,533 shares of the company’s stock valued at $454,000 after purchasing an additional 426 shares during the period. Finally, Farther Finance Advisors LLC grew its position in shares of iShares Cybersecurity and Tech ETF by 23.3% in the 2nd quarter. Farther Finance Advisors LLC now owns 2,378 shares of the company’s stock valued at $127,000 after purchasing an additional 450 shares during the period.

iShares Cybersecurity and Tech ETF Stock Performance

Shares of IHAK opened at $51.32 on Wednesday. The stock has a 50 day simple moving average of $51.75 and a 200 day simple moving average of $50.82. iShares Cybersecurity and Tech ETF has a 52-week low of $41.87 and a 52-week high of $53.98. The firm has a market capitalization of $923.76 million, a PE ratio of 26.03 and a beta of 0.82.

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.