City State Bank Acquires New Holdings in iShares Cybersecurity and Tech ETF $IHAK

City State Bank acquired a new position in shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) in the third quarter, HoldingsChannel reports. The institutional investor acquired 7,849 shares of the company’s stock, valued at approximately $531,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Novem Group bought a new position in shares of iShares Cybersecurity and Tech ETF during the third quarter worth approximately $226,000. IFP Advisors Inc acquired a new stake in iShares Cybersecurity and Tech ETF during the 3rd quarter worth approximately $143,000. Vontobel Holding Ltd. acquired a new stake in iShares Cybersecurity and Tech ETF during the 3rd quarter worth approximately $455,000. WealthBridge Capital Management LLC acquired a new stake in iShares Cybersecurity and Tech ETF during the 3rd quarter worth approximately $267,000. Finally, Annex Advisory Services LLC bought a new stake in iShares Cybersecurity and Tech ETF in the 3rd quarter valued at $69,418,000.

iShares Cybersecurity and Tech ETF Price Performance

IHAK opened at $68.14 on Wednesday. The business has a fifty day simple moving average of $66.34 and a 200 day simple moving average of $59.29. iShares Cybersecurity and Tech ETF has a 1 year low of $40.97 and a 1 year high of $73.51. The company has a market capitalization of $1.18 billion, a PE ratio of 26.03 and a beta of 0.80.

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.