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

Koa Wealth Management LLC trimmed its holdings in shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) by 3.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,435 shares of the company’s stock after selling 598 shares during the period. Koa Wealth Management LLC’s holdings in iShares Cybersecurity and Tech ETF were worth $947,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Commonwealth Equity Services LLC lifted its position in shares of iShares Cybersecurity and Tech ETF by 6.4% during the second quarter. Commonwealth Equity Services LLC now owns 157,362 shares of the company’s stock worth $7,231,000 after purchasing an additional 9,509 shares in the last quarter. Private Advisor Group LLC lifted its holdings in iShares Cybersecurity and Tech ETF by 51.7% during the 2nd quarter. Private Advisor Group LLC now owns 27,299 shares of the company’s stock worth $1,254,000 after buying an additional 9,303 shares in the last quarter. Farther Finance Advisors LLC raised its position in shares of iShares Cybersecurity and Tech ETF by 96.9% during the second quarter. Farther Finance Advisors LLC now owns 6,425 shares of the company’s stock worth $295,000 after acquiring an additional 3,162 shares during the last quarter. GPS Wealth Strategies Group LLC raised its holdings in iShares Cybersecurity and Tech ETF by 115.2% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 4,407 shares of the company’s stock worth $202,000 after purchasing an additional 2,359 shares during the last quarter. Finally, First Horizon Advisors Inc. bought a new position in shares of iShares Cybersecurity and Tech ETF in the 2nd quarter valued at about $40,000.

iShares Cybersecurity and Tech ETF Price Performance

IHAK opened at $48.81 on Friday. The firm has a 50 day simple moving average of $49.08 and a 200 day simple moving average of $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 company has a market cap of $878.58 million, a price-to-earnings ratio of 36.33 and a beta of 1.17.

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.