BNP Paribas Boosts Position in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK)

BNP Paribas boosted its holdings in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) by 9.4% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 10,280 shares of the company’s stock after purchasing an additional 884 shares during the quarter. BNP Paribas’ holdings in iShares Cybersecurity and Tech ETF were worth $501,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. First Horizon Advisors Inc. acquired a new stake in iShares Cybersecurity and Tech ETF in the second quarter valued at approximately $40,000. Anchor Investment Management LLC grew its position in 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 valued at $78,000 after acquiring an additional 501 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in iShares Cybersecurity and Tech ETF in the second quarter valued at approximately $192,000. GPS Wealth Strategies Group LLC grew its position in 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 acquiring an additional 2,359 shares in the last quarter. Finally, IFG Advisory LLC acquired a new stake in iShares Cybersecurity and Tech ETF in the second quarter valued at approximately $256,000.

iShares Cybersecurity and Tech ETF Stock Down 0.9 %

Shares of NYSEARCA:IHAK opened at $50.30 on Thursday. iShares Cybersecurity and Tech ETF has a 52-week low of $40.75 and a 52-week high of $51.94. The company has a 50 day moving average of $49.51 and a two-hundred day moving average of $47.23. The company has a market capitalization of $905.40 million, a price-to-earnings ratio of 36.33 and a beta of 1.17.

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.