iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) Shares Up 0.9% – What’s Next?

Shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) shot up 0.9% during trading on Monday . The company traded as high as $45.19 and last traded at $45.14. 86,524 shares traded hands during trading, a decline of 56% from the average session volume of 195,727 shares. The stock had previously closed at $44.73.

iShares Cybersecurity and Tech ETF Trading Up 0.9%

The business’s fifty day moving average is $44.66 and its 200 day moving average is $48.30. The firm has a market capitalization of $740.30 million, a P/E ratio of 26.03 and a beta of 0.83.

Institutional Trading of iShares Cybersecurity and Tech ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Key Capital Management INC bought a new stake in shares of iShares Cybersecurity and Tech ETF in the 4th quarter worth approximately $28,000. Qube Research & Technologies Ltd bought a new stake in shares of iShares Cybersecurity and Tech ETF in the 2nd quarter worth approximately $45,000. Raleigh Capital Management Inc. bought a new stake in shares of iShares Cybersecurity and Tech ETF in the 4th quarter worth approximately $42,000. City Holding Co. bought a new stake in shares of iShares Cybersecurity and Tech ETF in the 3rd quarter worth approximately $52,000. Finally, Sound Income Strategies LLC bought a new stake in shares of iShares Cybersecurity and Tech ETF in the 4th quarter worth approximately $54,000.

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.