Koa Wealth Management LLC Sells 598 Shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK)

Koa Wealth Management LLC trimmed its position in shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) by 3.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,435 shares of the company’s stock after selling 598 shares during the period. Koa Wealth Management LLC owned approximately 0.11% of iShares Cybersecurity and Tech ETF worth $947,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the company. Sugar Maple Asset Management LLC acquired a new stake in shares of iShares Cybersecurity and Tech ETF during the 1st quarter valued at about $1,106,000. GPS Wealth Strategies Group LLC boosted its holdings in iShares Cybersecurity and Tech ETF by 115.2% during the second quarter. GPS Wealth Strategies Group LLC now owns 4,407 shares of the company’s stock valued at $202,000 after purchasing an additional 2,359 shares in the last quarter. Petra Financial Advisors Inc. grew its stake in shares of iShares Cybersecurity and Tech ETF by 22.2% in the 2nd quarter. Petra Financial Advisors Inc. now owns 6,580 shares of the company’s stock valued at $302,000 after purchasing an additional 1,196 shares during the period. First Horizon Advisors Inc. acquired a new position in shares of iShares Cybersecurity and Tech ETF in the 2nd quarter worth approximately $40,000. Finally, Crescent Grove Advisors LLC lifted its position in shares of iShares Cybersecurity and Tech ETF by 3.0% during the 2nd quarter. Crescent Grove Advisors LLC now owns 32,134 shares of the company’s stock worth $1,477,000 after buying an additional 927 shares during the period.

iShares Cybersecurity and Tech ETF Price Performance

Shares of NYSEARCA:IHAK opened at $48.81 on Friday. The business’s fifty day moving average price is $49.08 and its two-hundred day moving average price is $46.94. iShares Cybersecurity and Tech ETF has a fifty-two week low of $39.28 and a fifty-two week high of $51.94. The stock has a market capitalization of $878.58 million, a price-to-earnings ratio of 36.33 and a beta of 1.17.

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.