Sugar Maple Asset Management LLC Sells 11,170 Shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK)

Sugar Maple Asset Management LLC trimmed its position in shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) by 47.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,178 shares of the company’s stock after selling 11,170 shares during the period. Sugar Maple Asset Management LLC owned 0.07% of iShares Cybersecurity and Tech ETF worth $594,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. First Horizon Advisors Inc. purchased a new stake in shares of iShares Cybersecurity and Tech ETF during the 2nd quarter valued at approximately $40,000. Anchor Investment Management LLC boosted its holdings in shares of iShares Cybersecurity and Tech ETF by 41.8% in the second quarter. Anchor Investment Management LLC now owns 1,701 shares of the company’s stock worth $78,000 after acquiring an additional 501 shares during the period. International Assets Investment Management LLC bought a new position in shares of iShares Cybersecurity and Tech ETF in the second quarter worth $192,000. GPS Wealth Strategies Group LLC grew its position in shares of iShares Cybersecurity and Tech ETF by 115.2% in the second quarter. GPS Wealth Strategies Group LLC now owns 4,407 shares of the company’s stock valued at $202,000 after purchasing an additional 2,359 shares in the last quarter. Finally, IFG Advisory LLC bought a new stake in shares of iShares Cybersecurity and Tech ETF during the 2nd quarter valued at $256,000.

iShares Cybersecurity and Tech ETF Stock Performance

Shares of IHAK opened at $48.81 on Friday. iShares Cybersecurity and Tech ETF has a 52-week low of $39.28 and a 52-week high of $51.94. The stock’s 50-day simple moving average is $49.08 and its 200 day simple moving average is $46.96. The stock has a market capitalization of $878.58 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.