(IHAK) iShares Cybersecurity Tech - Ratings and Ratios

The iShares Cybersecurity and Tech ETF (IHAK) is designed to provide exposure to companies operating in the cybersecurity and broader technology sectors. The fund typically allocates at least 80% of its assets to securities included in its underlying index or investments with similar economic characteristics. It may also utilize derivatives such as futures, options, and swap contracts, as well as hold up to 20% of its assets in cash and cash equivalents. The underlying index includes a mix of developed and emerging market companies involved in cybersecurity hardware, software, and services, reflecting the global nature of the industry. As a non-diversified fund, it may concentrate its holdings in a smaller number of securities, which can increase risk but also allow for targeted exposure to the cybersecurity sector.

From a technical perspective, IHAK has shown upward momentum, with its last price of $50.10 exceeding its SMA 20, SMA 50, and SMA 200 levels of $46.83, $47.80, and $48.69, respectively. This indicates the fund is currently in an uptrend. The Average True Range (ATR) of 1.34 suggests moderate volatility, which may appeal to investors seeking exposure to cybersecurity without extreme price fluctuations. On the fundamental side, the funds assets under management (AUM) of $879.10 million reflect its popularity and liquidity in the market. Combining these factors, IHAK is positioned to benefit from the growing demand for cybersecurity solutions, supported by its diversified exposure to both established and emerging players in the sector.