Penobscot Investment Management Company Inc. Acquires New Shares in iShares Cybersecurity and Tech ETF $IHAK

Penobscot Investment Management Company Inc. acquired a new position in shares of iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 8,602 shares of the company’s stock, valued at approximately $582,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Waverly Advisors LLC purchased a new stake in iShares Cybersecurity and Tech ETF during the first quarter worth $44,000. Bessemer Group Inc. purchased a new position in shares of iShares Cybersecurity and Tech ETF in the first quarter valued at $65,000. Triumph Capital Management purchased a new position in shares of iShares Cybersecurity and Tech ETF in the third quarter valued at $67,000. Activest Wealth Management purchased a new position in shares of iShares Cybersecurity and Tech ETF in the third quarter valued at $88,000. Finally, Planning Strategies Inc. acquired a new position in shares of iShares Cybersecurity and Tech ETF during the 3rd quarter worth $105,000.

iShares Cybersecurity and Tech ETF Stock Down 0.7%

NYSEARCA:IHAK opened at $76.69 on Thursday. The company has a market capitalization of $1.32 billion, a PE ratio of 26.03 and a beta of 0.80. iShares Cybersecurity and Tech ETF has a 52-week low of $40.97 and a 52-week high of $77.73. The stock has a fifty day simple moving average of $67.35 and a 200-day simple moving average of $55.86.

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.