Alterna Wealth Management Inc. Sells 1,025 Shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK)

Alterna Wealth Management Inc. decreased its holdings in shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) by 8.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,292 shares of the company’s stock after selling 1,025 shares during the period. Alterna Wealth Management Inc. owned 0.07% of iShares Cybersecurity and Tech ETF worth $513,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Price Capital Management Inc. purchased a new position in shares of iShares Cybersecurity and Tech ETF during the fourth quarter valued at about $1,372,000. CWM LLC grew its holdings in shares of iShares Cybersecurity and Tech ETF by 20.6% during the 4th quarter. CWM LLC now owns 14,329 shares of the company’s stock worth $651,000 after acquiring an additional 2,452 shares during the period. International Assets Investment Management LLC bought a new position in shares of iShares Cybersecurity and Tech ETF in the 4th quarter worth approximately $7,585,000. Global Retirement Partners LLC purchased a new position in shares of iShares Cybersecurity and Tech ETF in the 4th quarter valued at approximately $53,000. Finally, Larson Financial Group LLC lifted its stake in shares of iShares Cybersecurity and Tech ETF by 485.4% in the 4th quarter. Larson Financial Group LLC now owns 603 shares of the company’s stock valued at $27,000 after purchasing an additional 500 shares during the period.

iShares Cybersecurity and Tech ETF Stock Down 0.1 %

Shares of IHAK stock traded down $0.03 during trading hours on Friday, hitting $44.84. 69,509 shares of the company’s stock traded hands, compared to its average volume of 101,895. The stock’s fifty day simple moving average is $46.18 and its two-hundred day simple moving average is $44.36. iShares Cybersecurity and Tech ETF has a 12-month low of $32.67 and a 12-month high of $49.50. The stock has a market cap of $807.12 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.