AE Wealth Management LLC Raises Holdings in iShares Cybersecurity and Tech ETF $IHAK

AE Wealth Management LLC lifted its position in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) by 527.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,231 shares of the company’s stock after purchasing an additional 7,760 shares during the quarter. AE Wealth Management LLC owned about 0.05% of iShares Cybersecurity and Tech ETF worth $491,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. CWM LLC grew its holdings in iShares Cybersecurity and Tech ETF by 28.5% during the 1st quarter. CWM LLC now owns 13,605 shares of the company’s stock valued at $639,000 after buying an additional 3,020 shares in the last quarter. Private Advisor Group LLC boosted its position in shares of iShares Cybersecurity and Tech ETF by 10.8% during the 1st quarter. Private Advisor Group LLC now owns 6,230 shares of the company’s stock valued at $293,000 after acquiring an additional 605 shares during the last quarter. Csenge Advisory Group grew its holdings in shares of iShares Cybersecurity and Tech ETF by 4.4% in the first quarter. Csenge Advisory Group now owns 35,523 shares of the company’s stock valued at $1,642,000 after purchasing an additional 1,481 shares in the last quarter. Nelson Capital Management LLC grew its holdings in shares of iShares Cybersecurity and Tech ETF by 6.9% in the first quarter. Nelson Capital Management LLC now owns 88,000 shares of the company’s stock valued at $4,134,000 after purchasing an additional 5,684 shares in the last quarter. Finally, Cetera Investment Advisers increased its position in iShares Cybersecurity and Tech ETF by 3.1% in the first quarter. Cetera Investment Advisers now owns 24,325 shares of the company’s stock worth $1,143,000 after purchasing an additional 732 shares during the last quarter.

iShares Cybersecurity and Tech ETF Stock Down 0.3%

IHAK stock opened at $50.33 on Friday. iShares Cybersecurity and Tech ETF has a 52 week low of $41.87 and a 52 week high of $53.98. The company has a fifty day simple moving average of $51.98 and a two-hundred day simple moving average of $51.68. The firm has a market capitalization of $898.39 million, a P/E ratio of 26.03 and a beta of 0.83.

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.