Petra Financial Advisors Inc. Grows Holdings in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK)

Petra Financial Advisors Inc. increased its stake in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) by 71.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,266 shares of the company’s stock after buying an additional 4,686 shares during the period. Petra Financial Advisors Inc.’s holdings in iShares Cybersecurity and Tech ETF were worth $549,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. First Horizon Advisors Inc. bought a new position in iShares Cybersecurity and Tech ETF during the 2nd quarter worth approximately $40,000. Retirement Group LLC lifted its stake in iShares Cybersecurity and Tech ETF by 88.9% during the first quarter. Retirement Group LLC now owns 850 shares of the company’s stock worth $40,000 after purchasing an additional 400 shares during the last quarter. Anchor Investment Management LLC lifted its stake in iShares Cybersecurity and Tech ETF by 41.8% during the second quarter. Anchor Investment Management LLC now owns 1,701 shares of the company’s stock worth $78,000 after purchasing an additional 501 shares during the last quarter. International Assets Investment Management LLC acquired a new position in iShares Cybersecurity and Tech ETF in the second quarter worth $192,000. Finally, GPS Wealth Strategies Group LLC increased its stake in iShares Cybersecurity and Tech ETF by 115.2% during the second quarter. GPS Wealth Strategies Group LLC now owns 4,407 shares of the company’s stock valued at $202,000 after purchasing an additional 2,359 shares during the last quarter.

iShares Cybersecurity and Tech ETF Stock Performance

Shares of iShares Cybersecurity and Tech ETF stock traded down $0.26 during trading hours on Thursday, reaching $49.09. The company’s stock had a trading volume of 13,751 shares, compared to its average volume of 87,885. iShares Cybersecurity and Tech ETF has a one year low of $36.42 and a one year high of $50.81. The company’s 50 day simple moving average is $48.61 and its 200 day simple moving average is $46.45. The stock has a market cap of $883.62 million, a P/E ratio of 36.33 and a beta of 1.17.

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.