LRI Investments LLC Purchases Shares of 3,900 iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK)

LRI Investments LLC acquired a new position in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,900 shares of the company’s stock, valued at approximately $194,000.

A number of other hedge funds have also made changes to their positions in IHAK. Wharton Business Group LLC lifted its position in iShares Cybersecurity and Tech ETF by 42.7% during the 3rd quarter. Wharton Business Group LLC now owns 295,060 shares of the company’s stock worth $14,381,000 after acquiring an additional 88,300 shares in the last quarter. Bank of Montreal Can lifted its position in shares of iShares Cybersecurity and Tech ETF by 180.5% during the third quarter. Bank of Montreal Can now owns 128,147 shares of the company’s stock worth $6,214,000 after purchasing an additional 82,460 shares in the last quarter. Gimbal Financial acquired a new position in shares of iShares Cybersecurity and Tech ETF during the third quarter worth $3,753,000. Watts Gwilliam & Co. LLC purchased a new position in shares of iShares Cybersecurity and Tech ETF in the third quarter valued at $2,637,000. Finally, Aprio Wealth Management LLC acquired a new stake in iShares Cybersecurity and Tech ETF during the 3rd quarter valued at $2,131,000.

iShares Cybersecurity and Tech ETF Stock Performance

NYSEARCA:IHAK opened at $50.62 on Wednesday. iShares Cybersecurity and Tech ETF has a one year low of $42.45 and a one year high of $52.15. The business’s 50-day simple moving average is $49.92 and its 200 day simple moving average is $47.55. The stock has a market cap of $911.16 million, a price-to-earnings ratio of 36.33 and a beta of 1.17.

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.