HighTower Advisors LLC Has $5.87 Million Holdings in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK)

HighTower Advisors LLC boosted its holdings in shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) by 2.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 120,371 shares of the company’s stock after purchasing an additional 3,032 shares during the period. HighTower Advisors LLC’s holdings in iShares Cybersecurity and Tech ETF were worth $5,873,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Independent Advisor Alliance acquired a new stake in shares of iShares Cybersecurity and Tech ETF in the fourth quarter valued at $931,000. Raymond James Financial Inc. acquired a new stake in iShares Cybersecurity and Tech ETF in the 4th quarter valued at about $2,547,000. Steward Partners Investment Advisory LLC lifted its position in shares of iShares Cybersecurity and Tech ETF by 6.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 26,945 shares of the company’s stock worth $1,315,000 after purchasing an additional 1,533 shares in the last quarter. Detalus Advisors LLC bought a new stake in shares of iShares Cybersecurity and Tech ETF during the fourth quarter valued at approximately $231,000. Finally, Jones Financial Companies Lllp increased its holdings in shares of iShares Cybersecurity and Tech ETF by 93.2% in the fourth quarter. Jones Financial Companies Lllp now owns 27,000 shares of the company’s stock valued at $1,317,000 after purchasing an additional 13,023 shares in the last quarter.

iShares Cybersecurity and Tech ETF Price Performance

IHAK stock opened at $49.10 on Wednesday. The stock has a market capitalization of $937.81 million, a PE ratio of 25.84 and a beta of 0.82. The company has a 50 day moving average price of $50.02 and a 200 day moving average price of $49.57. iShares Cybersecurity and Tech ETF has a fifty-two week low of $42.45 and a fifty-two week high of $53.01.

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.