Penobscot Investment Management Company Inc. Has $600,000 Stock Position in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK)

Penobscot Investment Management Company Inc. cut its holdings in iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) by 6.6% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 15,872 shares of the company’s stock after selling 1,127 shares during the period. Penobscot Investment Management Company Inc. owned approximately 0.10% of iShares Cybersecurity and Tech ETF worth $600,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Morgan Stanley raised its stake in iShares Cybersecurity and Tech ETF by 157.5% in the fourth quarter. Morgan Stanley now owns 454,618 shares of the company’s stock valued at $15,011,000 after purchasing an additional 278,070 shares in the last quarter. First Republic Investment Management Inc. acquired a new position in shares of iShares Cybersecurity and Tech ETF in the 1st quarter valued at approximately $17,107,000. Jane Street Group LLC lifted its holdings in shares of iShares Cybersecurity and Tech ETF by 755.1% during the 3rd quarter. Jane Street Group LLC now owns 342,463 shares of the company’s stock worth $11,630,000 after acquiring an additional 302,412 shares during the period. UBS Group AG boosted its position in shares of iShares Cybersecurity and Tech ETF by 166.6% during the 1st quarter. UBS Group AG now owns 337,564 shares of the company’s stock worth $14,410,000 after acquiring an additional 210,966 shares in the last quarter. Finally, Wharton Business Group LLC increased its stake in iShares Cybersecurity and Tech ETF by 21.3% in the first quarter. Wharton Business Group LLC now owns 212,400 shares of the company’s stock valued at $7,720,000 after acquiring an additional 37,315 shares during the last quarter.

iShares Cybersecurity and Tech ETF Price Performance

NYSEARCA IHAK opened at $39.87 on Thursday. The business has a fifty day moving average price of $38.45 and a two-hundred day moving average price of $37.62. The stock has a market capitalization of $623.97 million, a PE ratio of 28.57 and a beta of 0.82. iShares Cybersecurity and Tech ETF has a fifty-two week low of $31.87 and a fifty-two week high of $40.33.

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.