B. Riley Wealth Advisors Inc. Raises Stock Position in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK)

B. Riley Wealth Advisors Inc. boosted its position in shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) by 3.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,207 shares of the company’s stock after acquiring an additional 450 shares during the period. B. Riley Wealth Advisors Inc. owned 0.08% of iShares Cybersecurity and Tech ETF worth $683,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. First Horizon Advisors Inc. acquired a new stake in iShares Cybersecurity and Tech ETF in the second quarter worth about $40,000. Crosspoint Financial LLC boosted its stake in iShares Cybersecurity and Tech ETF by 11.3% in the 2nd quarter. Crosspoint Financial LLC now owns 48,430 shares of the company’s stock worth $2,225,000 after purchasing an additional 4,908 shares in the last quarter. Arkadios Wealth Advisors purchased a new stake in iShares Cybersecurity and Tech ETF during the 2nd quarter worth approximately $377,000. International Assets Investment Management LLC purchased a new stake in iShares Cybersecurity and Tech ETF during the 2nd quarter worth approximately $192,000. Finally, IFG Advisory LLC acquired a new position in iShares Cybersecurity and Tech ETF during the 2nd quarter valued at approximately $256,000.

iShares Cybersecurity and Tech ETF Trading Down 3.9 %

NYSEARCA:IHAK opened at $48.48 on Thursday. The company has a market capitalization of $872.64 million, a P/E ratio of 36.33 and a beta of 1.17. iShares Cybersecurity and Tech ETF has a 12 month low of $42.45 and a 12 month high of $52.15. The firm has a fifty day simple moving average of $50.22 and a 200-day simple moving average of $47.81.

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.