Raymond James Financial Services Advisors Inc. Cuts Position in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK)

April 14, 2024

26 2 minutes read

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Raymond James Financial Services Advisors Inc. trimmed its position in shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK – Free Report) by 2.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 26,312 shares of the company’s stock after selling 688 shares during the period. Raymond James Financial Services Advisors Inc. owned about 0.17% of iShares Cybersecurity and Tech ETF worth $1,195,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in IHAK. HighTower Advisors LLC increased its stake in shares of iShares Cybersecurity and Tech ETF by 60.6% during the first quarter. HighTower Advisors LLC now owns 29,240 shares of the company’s stock worth $1,245,000 after buying an additional 11,031 shares during the period. PNC Financial Services Group Inc. increased its stake in iShares Cybersecurity and Tech ETF by 69.9% in the first quarter. PNC Financial Services Group Inc. now owns 2,712 shares of the company’s stock valued at $116,000 after purchasing an additional 1,116 shares during the last quarter. Bank of Montreal Can increased its stake in iShares Cybersecurity and Tech ETF by 9.7% in the first quarter. Bank of Montreal Can now owns 51,780 shares of the company’s stock valued at $2,235,000 after purchasing an additional 4,591 shares during the last quarter. Vontobel Holding Ltd. purchased a new position in iShares Cybersecurity and Tech ETF in the first quarter valued at approximately $1,387,000. Finally, UBS Group AG increased its stake in iShares Cybersecurity and Tech ETF by 166.6% in the first quarter. UBS Group AG now owns 337,564 shares of the company’s stock valued at $14,410,000 after purchasing an additional 210,966 shares during the last quarter.

iShares Cybersecurity and Tech ETF Stock Down 2.1 %

Shares of iShares Cybersecurity and Tech ETF stock opened at $45.11 on Friday. The firm has a market capitalization of $705.97 million, a P/E ratio of 28.57 and a beta of 0.82. iShares Cybersecurity and Tech ETF has a 52 week low of $32.65 and a 52 week high of $49.50. The firm’s 50 day moving average is $47.29 and its two-hundred day moving average is $43.82.

iShares Cybersecurity and Tech ETF Company Profile

(Free Report)

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.