Annex Advisory Services LLC Buys 1,026,597 Shares of iShares Cybersecurity and Tech ETF $IHAK

Annex Advisory Services LLC bought a new stake in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,026,597 shares of the company’s stock, valued at approximately $69,418,000. iShares Cybersecurity and Tech ETF accounts for 1.1% of Annex Advisory Services LLC’s holdings, making the stock its 24th largest position. Annex Advisory Services LLC owned approximately 0.06% of iShares Cybersecurity and Tech ETF at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Royal Bank of Canada lifted its stake in shares of iShares Cybersecurity and Tech ETF by 4.0% in the 1st quarter. Royal Bank of Canada now owns 141,754 shares of the company’s stock valued at $6,187,000 after purchasing an additional 5,511 shares during the period. Janney Montgomery Scott LLC bought a new stake in shares of iShares Cybersecurity and Tech ETF during the 1st quarter valued at about $2,084,000. Lido Advisors LLC grew its stake in iShares Cybersecurity and Tech ETF by 5.2% during the first quarter. Lido Advisors LLC now owns 38,566 shares of the company’s stock worth $1,683,000 after purchasing an additional 1,905 shares during the period. Rainier Family Wealth Inc. grew its stake in iShares Cybersecurity and Tech ETF by 22.3% during the first quarter. Rainier Family Wealth Inc. now owns 33,222 shares of the company’s stock worth $1,450,000 after purchasing an additional 6,062 shares during the period. Finally, Private Advisor Group LLC grew its stake in iShares Cybersecurity and Tech ETF by 534.8% during the first quarter. Private Advisor Group LLC now owns 31,291 shares of the company’s stock worth $1,366,000 after purchasing an additional 26,362 shares during the period.

iShares Cybersecurity and Tech ETF Stock Performance

Shares of IHAK stock opened at $66.70 on Friday. iShares Cybersecurity and Tech ETF has a fifty-two week low of $40.97 and a fifty-two week high of $73.51. The stock has a 50 day simple moving average of $66.30 and a two-hundred day simple moving average of $58.84. The company has a market cap of $1.15 billion, a P/E ratio of 26.03 and a beta of 0.80.

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.