iShares Cybersecurity and Tech ETF (IHAK)
- Previous Close
48.89 - Open
48.84 - Bid 48.85 x 1100
- Ask 48.90 x 1300
- Day's Range
48.52 - 49.00 - 52 Week Range
37.45 - 50.81 - Volume
32,546 - Avg. Volume
69,313 - Net Assets 891.28M
- NAV 48.87
- PE Ratio (TTM) 40.17
- Yield 0.10%
- YTD Daily Total Return 7.62%
- Beta (5Y Monthly) 0.78
- Expense Ratio (net) 0.47%
The fund generally will invest at least 80% of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities of the index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The index is composed of developed and emerging market companies that are involved in cyber security and technology, including cyber security hardware, software, products, and services. It is non-diversified.
iShares
Fund Family
Technology
Fund Category
891.28M
Net Assets
2019-06-11
Inception Date
Performance Overview: IHAK
View MoreTrailing returns as of 11/1/2024. Category is Technology.
People Also Watch
Holdings: IHAK
View MoreTop 10 Holdings (47.32% of Total Assets)
Sector Weightings
Related ETF News
View More
Research Reports: IHAK
View MoreCyberArk Earnings: The SaaS Transition Story Remains on Track
CyberArk is a cybersecurity vendor focused on the identity market. The company’s core privileged access management offering is a market leader within that subsegment, with more than half of the Fortune 500 CyberArk customers. The identity security vendor was founded in 1999 and has around 9,000 customers across various industries. While historically, CyberArk has sold its security solutions primarily via on-premises licenses, over the past few years, it has transitioned to a subscription, recurring revenue model.
RatingPrice TargetCyberArk: We Foresee a Bright Future for CyberArk as it Builds Its Identity Security Platform
CyberArk is a cybersecurity vendor focused on the identity market. The company’s core privileged access management offering is a market leader within that subsegment, with more than half of the Fortune 500 CyberArk customers. The identity security vendor was founded in 1999 and has around 9,000 customers across various industries. While historically, CyberArk has sold its security solutions primarily via on-premises licenses, over the past few years, it has transitioned to a subscription, recurring revenue model.
RatingPrice TargetCyberArk: We Foresee a Bright Future for CyberArk as it Builds Its Identity Security Platform
CyberArk is a cybersecurity vendor focused on the identity market. The company’s core privileged access management offering is a market leader within that subsegment, with more than half of the Fortune 500 CyberArk customers. The identity security vendor was founded in 1999 and has around 9,000 customers across various industries. While historically, CyberArk has sold its security solutions primarily via on-premises licenses, over the past few years, it has transitioned to a subscription, recurring revenue model.
RatingPrice TargetNot All Sectors Are Equal
When it comes to focusing on sectors of the S&P 500, we think it makes sense to focus primarily on a few key sectors that can actually make a difference in terms of earnings and portfolio performance. As an example, the Real Estate sector, which accounts for about 2% of S&P 500 capitalization, is expected to contribute only 1% of S&P 500 EPS during the during the upcoming 2Q24 EPS period (which will kick into gear next month). The Materials sector is another 2% market weight that generates a thin 3% of total earnings. We don't think clients should be spending a lot of time on deep dives trying to get these sectors right. The groups that really make a difference are going to be Information Technology, which is expected to account for 21% of the earnings; and Financial and Healthcare, which are expected to account for 20% and 14%, respectively. Perhaps not surprisingly, these are three sectors in which the United States enjoys competitive advantages versus other nations. At the next tier, the Industrial, Consumer Discretionary and Communication Services sectors all appear in line, with market cap weights and earnings contributions in the 9%-10% range. We note that the Energy sector punches above its weight, accounting for less than 4% of total market capitalization but generating 7% of S&P 500 profits.