iShares Cybersecurity and Tech ETF $IHAK Shares Newly Bought by Crescent Grove Advisors LLC

Crescent Grove Advisors LLC acquired a new position in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) in the third quarter, Holdings Channel.com reports. The institutional investor acquired 25,320 shares of the company’s stock, valued at approximately $1,712,000.

Several other institutional investors also recently modified their holdings of the company. Ellis Investment Partners LLC acquired a new stake in iShares Cybersecurity and Tech ETF during the third quarter valued at approximately $1,026,000. City State Bank bought a new stake in shares of iShares Cybersecurity and Tech ETF in the 3rd quarter valued at approximately $531,000. Novem Group bought a new stake in shares of iShares Cybersecurity and Tech ETF in the 3rd quarter valued at approximately $226,000. IFP Advisors Inc bought a new stake in shares of iShares Cybersecurity and Tech ETF in the 3rd quarter valued at approximately $143,000. Finally, Vontobel Holding Ltd. acquired a new position in shares of iShares Cybersecurity and Tech ETF in the 3rd quarter worth approximately $455,000.

iShares Cybersecurity and Tech ETF Price Performance

Shares of IHAK stock opened at $70.15 on Thursday. The stock’s fifty day simple moving average is $66.41 and its 200 day simple moving average is $59.47. The firm has a market cap of $1.21 billion, a price-to-earnings ratio of 26.03 and a beta of 0.80. iShares Cybersecurity and Tech ETF has a one year low of $40.97 and a one year high of $73.51.

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.