No, it is a Hallow.
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The cloak is a cloak of invisibility. But it's different then other cloaks of invisibility because the invisibility spell lasts forever.
the youngest of the three.
Voldemort, Dumbledore, or other powerful wizards don't need an invisibility cloak; according to the story, there is a simple spell they can use to make themselves invisible, and using this spell is much more convenient than using a cloak.
He was in first year.
the line is the elder wand. the circle is the ressurection stone. the triangle is the invisibility cloak.