Krilogy Financial LLC Buys 20,517 Shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK)

Krilogy Financial LLC grew its stake in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) by 198.5% in the 1st quarter, Holdings Channel.com reports. The fund owned 30,853 shares of the company’s stock after purchasing an additional 20,517 shares during the quarter. Krilogy Financial LLC’s holdings in iShares Cybersecurity and Tech ETF were worth $1,449,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of IHAK. Bank of America Corp DE grew its holdings in iShares Cybersecurity and Tech ETF by 16.0% during the fourth quarter. Bank of America Corp DE now owns 1,719,224 shares of the company’s stock worth $83,881,000 after purchasing an additional 236,973 shares during the period. Mountain Hill Investment Partners Corp. acquired a new stake in shares of iShares Cybersecurity and Tech ETF in the fourth quarter valued at approximately $3,890,000. Raymond James Financial Inc. acquired a new stake in shares of iShares Cybersecurity and Tech ETF in the fourth quarter valued at approximately $2,547,000. Independent Advisor Alliance acquired a new stake in shares of iShares Cybersecurity and Tech ETF in the fourth quarter valued at approximately $931,000. Finally, Stifel Financial Corp raised its position in shares of iShares Cybersecurity and Tech ETF by 49.2% in the fourth quarter. Stifel Financial Corp now owns 45,683 shares of the company’s stock valued at $2,229,000 after buying an additional 15,056 shares in the last quarter.

iShares Cybersecurity and Tech ETF Price Performance

Shares of IHAK opened at $51.33 on Friday. iShares Cybersecurity and Tech ETF has a one year low of $41.87 and a one year high of $53.01. The company has a market cap of $916.24 million, a P/E ratio of 26.93 and a beta of 0.84. The firm has a 50 day simple moving average of $49.65 and a two-hundred day simple moving average of $49.59.

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.