Financial Freedom LLC Sells 1,433 Shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK)

Financial Freedom LLC lessened its stake in shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) by 46.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,635 shares of the company’s stock after selling 1,433 shares during the quarter. Financial Freedom LLC’s holdings in iShares Cybersecurity and Tech ETF were worth $80,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of IHAK. Krilogy Financial LLC acquired a new stake in iShares Cybersecurity and Tech ETF during the 4th quarter valued at $504,000. Arkadios Wealth Advisors increased its holdings in iShares Cybersecurity and Tech ETF by 49.3% during the 4th quarter. Arkadios Wealth Advisors now owns 16,861 shares of the company’s stock valued at $823,000 after purchasing an additional 5,569 shares in the last quarter. Future Financial Wealth Managment LLC increased its holdings in iShares Cybersecurity and Tech ETF by 4.3% during the 4th quarter. Future Financial Wealth Managment LLC now owns 37,406 shares of the company’s stock valued at $1,825,000 after purchasing an additional 1,534 shares in the last quarter. City State Bank increased its holdings in iShares Cybersecurity and Tech ETF by 10.2% during the 4th quarter. City State Bank now owns 8,145 shares of the company’s stock valued at $397,000 after purchasing an additional 755 shares in the last quarter. Finally, Aprio Wealth Management LLC increased its holdings in iShares Cybersecurity and Tech ETF by 62.9% during the 4th quarter. Aprio Wealth Management LLC now owns 71,202 shares of the company’s stock valued at $3,474,000 after purchasing an additional 27,483 shares in the last quarter.

iShares Cybersecurity and Tech ETF Price Performance

IHAK stock opened at $49.61 on Monday. The business has a fifty day moving average price of $49.85 and a 200 day moving average price of $48.52. iShares Cybersecurity and Tech ETF has a fifty-two week low of $42.45 and a fifty-two week high of $52.15. The stock has a market capitalization of $892.98 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.