Arete Wealth Advisors LLC Invests $508,000 in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK)

Arete Wealth Advisors LLC bought a new stake in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 10,415 shares of the company’s stock, valued at approximately $508,000. Arete Wealth Advisors LLC owned 0.06% of iShares Cybersecurity and Tech ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also modified their holdings of the company. Avantax Advisory Services Inc. boosted its holdings in iShares Cybersecurity and Tech ETF by 4.6% in the 4th quarter. Avantax Advisory Services Inc. now owns 4,911 shares of the company’s stock valued at $240,000 after purchasing an additional 215 shares during the period. Sunbelt Securities Inc. boosted its stake in shares of iShares Cybersecurity and Tech ETF by 7.0% in the third quarter. Sunbelt Securities Inc. now owns 3,455 shares of the company’s stock valued at $168,000 after buying an additional 225 shares during the period. IFP Advisors Inc boosted its stake in shares of iShares Cybersecurity and Tech ETF by 12.4% in the fourth quarter. IFP Advisors Inc now owns 2,243 shares of the company’s stock valued at $109,000 after buying an additional 248 shares during the period. First Horizon Advisors Inc. grew its position in iShares Cybersecurity and Tech ETF by 27.1% during the fourth quarter. First Horizon Advisors Inc. now owns 1,561 shares of the company’s stock worth $76,000 after buying an additional 333 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. increased its stake in iShares Cybersecurity and Tech ETF by 3.3% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 14,207 shares of the company’s stock worth $683,000 after acquiring an additional 450 shares during the period.

iShares Cybersecurity and Tech ETF Price Performance

Shares of NYSEARCA IHAK opened at $43.70 on Friday. The stock has a market capitalization of $834.67 million, a PE ratio of 26.34 and a beta of 0.87. iShares Cybersecurity and Tech ETF has a fifty-two week low of $42.45 and a fifty-two week high of $53.01. The business has a fifty day moving average price of $49.54 and a two-hundred day moving average price of $49.61.

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.