iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) Shares Sold by Koa Wealth Management LLC

Koa Wealth Management LLC cut its holdings in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) by 5.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 18,455 shares of the company’s stock after selling 980 shares during the period. Koa Wealth Management LLC owned 0.10% of iShares Cybersecurity and Tech ETF worth $900,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in IHAK. Capital Investment Advisory Services LLC purchased a new stake in iShares Cybersecurity and Tech ETF in the fourth quarter valued at $31,000. First Horizon Advisors Inc. raised its holdings in iShares Cybersecurity and Tech ETF by 40.2% in the 3rd quarter. First Horizon Advisors Inc. now owns 1,228 shares of the company’s stock valued at $60,000 after buying an additional 352 shares during the period. Anchor Investment Management LLC raised its holdings in iShares Cybersecurity and Tech ETF by 41.8% in the 2nd quarter. Anchor Investment Management LLC now owns 1,701 shares of the company’s stock valued at $78,000 after buying an additional 501 shares during the period. Sunbelt Securities Inc. lifted its position in iShares Cybersecurity and Tech ETF by 7.0% in the third quarter. Sunbelt Securities Inc. now owns 3,455 shares of the company’s stock valued at $168,000 after buying an additional 225 shares during the last quarter. Finally, LRI Investments LLC purchased a new position in iShares Cybersecurity and Tech ETF during the third quarter worth about $194,000.

iShares Cybersecurity and Tech ETF Stock Performance

iShares Cybersecurity and Tech ETF stock opened at $51.01 on Friday. The company’s 50 day simple moving average is $49.97 and its 200-day simple moving average is $48.76. iShares Cybersecurity and Tech ETF has a 1 year low of $42.45 and a 1 year high of $52.15. The company has a market capitalization of $918.18 million, a price-to-earnings 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.