Valeo Financial Advisors LLC Takes $209,000 Position in iShares Cybersecurity and Tech ETF $IHAK

Valeo Financial Advisors LLC acquired a new stake in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,928 shares of the company’s stock, valued at approximately $209,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC acquired a new position in shares of iShares Cybersecurity and Tech ETF in the 4th quarter worth approximately $339,000. Capital Advisors Ltd. LLC bought a new position in iShares Cybersecurity and Tech ETF during the first quarter worth $46,000. Krilogy Financial LLC lifted its stake in iShares Cybersecurity and Tech ETF by 198.5% during the first quarter. Krilogy Financial LLC now owns 30,853 shares of the company’s stock worth $1,449,000 after purchasing an additional 20,517 shares during the last quarter. Sowell Financial Services LLC bought a new position in iShares Cybersecurity and Tech ETF during the first quarter worth $241,000. Finally, Petra Financial Advisors Inc. lifted its stake in iShares Cybersecurity and Tech ETF by 15.2% during the first quarter. Petra Financial Advisors Inc. now owns 17,372 shares of the company’s stock worth $816,000 after purchasing an additional 2,294 shares during the last quarter.

iShares Cybersecurity and Tech ETF Stock Performance

Shares of NYSEARCA:IHAK opened at $51.24 on Friday. The stock has a market capitalization of $922.32 million, a price-to-earnings ratio of 26.03 and a beta of 0.82. iShares Cybersecurity and Tech ETF has a 1-year low of $41.87 and a 1-year high of $53.98. The company’s fifty day moving average is $51.73 and its two-hundred day moving average is $50.76.

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.