iShares Cybersecurity and Tech ETF·Financial Services
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.
Financial Services
Asset Management
2019-06-14
0.69

Cybersecurity stocks dropped for a second day as the threat of AI to the industry loomed large with Anthropic's latest AI tool that can scan code for vulnerabilities. Investors are worried these new tools will displace software business models and many tasks handled by cybersecurity vendors.

iShares Cybersecurity and Tech ETF (NYSEARCA:IHAK - Get Free Report) shot up 0.3% during mid-day trading on Monday. The company traded as high as $49.75 and last traded at $49.54. 109,003 shares traded hands during trading, an increase of 11% from the average session volume of 97,929 shares. The stock had previously closed at