Portland Financial Advisors Inc Purchases New Position in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK)

Portland Financial Advisors Inc bought a new stake in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 6,535 shares of the company’s stock, valued at approximately $319,000.

Other large investors have also recently bought and sold shares of the company. Sunbelt Securities Inc. grew its stake 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 acquiring an additional 225 shares during the period. IFP Advisors Inc increased its stake in iShares Cybersecurity and Tech ETF by 12.4% during the 4th quarter. IFP Advisors Inc now owns 2,243 shares of the company’s stock worth $109,000 after acquiring an additional 248 shares during the period. First Horizon Advisors Inc. boosted its position in shares of iShares Cybersecurity and Tech ETF by 27.1% during the 4th quarter. First Horizon Advisors Inc. now owns 1,561 shares of the company’s stock worth $76,000 after acquiring an additional 333 shares in the last quarter. B. Riley Wealth Advisors Inc. lifted its holdings in shares of iShares Cybersecurity and Tech ETF by 3.3% in the third quarter. B. Riley Wealth Advisors Inc. now owns 14,207 shares of the company’s stock worth $683,000 after acquiring an additional 450 shares during the last quarter. Finally, Capital Investment Advisory Services LLC acquired a new position in iShares Cybersecurity and Tech ETF in the 4th quarter worth about $31,000.

iShares Cybersecurity and Tech ETF Trading Down 3.2 %

Shares of IHAK opened at $50.02 on Monday. The stock has a market capitalization of $900.36 million, a P/E ratio of 36.33 and a beta of 1.17. The firm’s fifty day simple moving average is $50.28 and its two-hundred day simple moving average is $49.49. iShares Cybersecurity and Tech ETF has a 12 month low of $42.45 and a 12 month high of $53.01.

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.