iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) Sees Unusually-High Trading Volume – Should You Buy?

iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK – Get Free Report) shares saw strong trading volume on Tuesday. Approximately 314,089 shares were traded during trading, an increase of 74% from the previous session’s volume of 180,614 shares. The stock last traded at $67.7890 and had previously closed at $67.46.

iShares Cybersecurity and Tech ETF Trading Up 0.7%

The firm has a market capitalization of $1.17 billion, a price-to-earnings ratio of 26.03 and a beta of 0.80. The stock’s 50-day moving average is $66.32 and its 200-day moving average is $59.12.

Institutional Trading of iShares Cybersecurity and Tech ETF

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

iShares Cybersecurity and Tech ETF Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for iShares Cybersecurity and Tech ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Cybersecurity and Tech ETF and related companies with MarketBeat.com's FREE daily email newsletter.