Brookstone Capital Management Grows Stock Position in Amplify Cybersecurity ETF (NYSEARCA:HACK)

Brookstone Capital Management raised its holdings in shares of Amplify Cybersecurity ETF (NYSEARCA:HACK) by 6.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,902 shares of the company’s stock after acquiring an additional 1,202 shares during the quarter. Brookstone Capital Management owned approximately 0.07% of Amplify Cybersecurity ETF worth $1,212,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its position in shares of Amplify Cybersecurity ETF by 7.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 81,873 shares of the company’s stock worth $4,225,000 after purchasing an additional 5,339 shares during the last quarter. Stifel Financial Corp lifted its position in shares of Amplify Cybersecurity ETF by 0.5% in the third quarter. Stifel Financial Corp now owns 59,633 shares of the company’s stock valued at $3,077,000 after acquiring an additional 283 shares in the last quarter. Optimum Investment Advisors boosted its stake in shares of Amplify Cybersecurity ETF by 2.7% during the fourth quarter. Optimum Investment Advisors now owns 14,424 shares of the company’s stock valued at $871,000 after acquiring an additional 375 shares during the last quarter. Cornerstone Wealth Management LLC purchased a new stake in Amplify Cybersecurity ETF during the 4th quarter worth about $209,000. Finally, Raymond James Trust N.A. purchased a new position in Amplify Cybersecurity ETF in the 4th quarter valued at about $252,000.

Amplify Cybersecurity ETF Price Performance

Amplify Cybersecurity ETF stock opened at $64.73 on Friday. The firm’s 50-day moving average is $62.03 and its two-hundred day moving average is $62.49. The stock has a market capitalization of $1.85 billion, a P/E ratio of 32.94 and a beta of 1.41. Amplify Cybersecurity ETF has a 12-month low of $48.70 and a 12-month high of $67.49.

About Amplify Cybersecurity ETF

The ETFMG Prime Cyber Security ETF (HACK) is an exchange-traded fund that is based on the Prime Cyber Defense index. The fund tracks a tiered, equal-weighted index that targets companies actively involved in providing cybersecurity technology and services. HACK was launched on Nov 11, 2014 and is managed by ETF Managers Group.