IHAK Stock Summary and Trading Ideas (iShares Cybersecurity And Tech ETF | ARCA:IHAK)

The iShares Cybersecurity and Tech ETF seeks to track the investment results of an index composed of developed and emerging market companies involved in cyber security and technology, including cyber security hardware, software, products, and services.

iShares Cybersecurity And Tech ETF trades on the ARCA stock market under the symbol IHAK.

As of January 6, 2025, IHAK stock price climbed to $49.49 with 50,845 million shares trading.

IHAK has a beta of 1.16, meaning it tends to be more sensitive to market movements. IHAK has a correlation of 0.53 to the broad based SPY ETF.

IHAK has a market cap of $935.36 million. This is considered a Small Cap stock.

In the last 3 years, IHAK traded as high as $52.15 and as low as $31.29.

IHAK has underperformed the market in the last year with a return of +14.7%, while the SPY ETF gained +28.7%. In the last 3 month period, IHAK fell short of the market, returning +2.6%, while SPY returned +4.2%. However, in the most recent 2 weeks IHAK has outperformed the stock market by returning +0.5%, while SPY returned +0.1%.

IHAK support price is $48.64 and resistance is $49.86 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IHAK shares will trade within this expected range on the day.