City State Bank Purchases 755 Shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK)

City State Bank raised its holdings in shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) by 10.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,145 shares of the company’s stock after buying an additional 755 shares during the period. City State Bank’s holdings in iShares Cybersecurity and Tech ETF were worth $397,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. BNP Paribas increased its holdings in shares of iShares Cybersecurity and Tech ETF by 9.4% in the 3rd quarter. BNP Paribas now owns 10,280 shares of the company’s stock valued at $501,000 after acquiring an additional 884 shares during the period. HighTower Advisors LLC boosted its holdings in shares of iShares Cybersecurity and Tech ETF by 0.7% in the 3rd quarter. HighTower Advisors LLC now owns 117,339 shares of the company’s stock valued at $5,697,000 after acquiring an additional 759 shares during the last quarter. Private Advisor Group LLC grew its position 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 purchasing an additional 9,303 shares during the period. Hilltop Holdings Inc. raised its position in iShares Cybersecurity and Tech ETF by 32.6% during the third quarter. Hilltop Holdings Inc. now owns 35,089 shares of the company’s stock valued at $1,710,000 after acquiring an additional 8,630 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. boosted its position in iShares Cybersecurity and Tech ETF by 9.4% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 142,965 shares of the company’s stock worth $6,569,000 after purchasing an additional 12,234 shares in the last quarter.

iShares Cybersecurity and Tech ETF Price Performance

IHAK stock traded down $0.31 during midday trading on Monday, hitting $48.54. 37,951 shares of the stock traded hands, compared to its average volume of 65,133. The stock’s fifty day simple moving average is $49.94 and its 200-day simple moving average is $48.42. iShares Cybersecurity and Tech ETF has a 1-year low of $42.45 and a 1-year high of $52.15. The firm has a market cap of $873.72 million, a P/E 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.