Naples Global Advisors LLC Has $438,000 Position in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK)

Naples Global Advisors LLC trimmed its position in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) by 4.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,985 shares of the company’s stock after selling 380 shares during the quarter. Naples Global Advisors LLC’s holdings in iShares Cybersecurity and Tech ETF were worth $438,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. BNP Paribas increased its position in iShares Cybersecurity and Tech ETF by 9.4% during the third quarter. BNP Paribas now owns 10,280 shares of the company’s stock worth $501,000 after acquiring an additional 884 shares during the period. HighTower Advisors LLC grew its position in shares of iShares Cybersecurity and Tech ETF by 0.7% during the 3rd quarter. HighTower Advisors LLC now owns 117,339 shares of the company’s stock worth $5,697,000 after purchasing an additional 759 shares in the last quarter. Hilltop Holdings Inc. increased its holdings in shares of 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 worth $1,710,000 after purchasing an additional 8,630 shares during the period. Fountainhead AM LLC raised its position in shares of iShares Cybersecurity and Tech ETF by 15.5% in the third quarter. Fountainhead AM LLC now owns 8,227 shares of the company’s stock valued at $401,000 after buying an additional 1,105 shares in the last quarter. Finally, Bank of Montreal Can boosted its stake in shares of iShares Cybersecurity and Tech ETF by 180.5% in the third quarter. Bank of Montreal Can now owns 128,147 shares of the company’s stock valued at $6,214,000 after buying an additional 82,460 shares during the period.

iShares Cybersecurity and Tech ETF Stock Performance

NYSEARCA:IHAK opened at $52.68 on Friday. The company has a market cap of $948.24 million, a price-to-earnings ratio of 36.33 and a beta of 1.17. iShares Cybersecurity and Tech ETF has a fifty-two week low of $42.45 and a fifty-two week high of $52.68. The stock has a fifty day moving average price of $50.10 and a 200-day moving average price of $49.11.

iShares Cybersecurity and Tech ETF Company 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.