Hollencrest Capital Management Acquires New Stake in Amplify Cybersecurity ETF (NYSEARCA:HACK)

Hollencrest Capital Management bought a new position in Amplify Cybersecurity ETF (NYSEARCA:HACK) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 476 shares of the company’s stock, valued at approximately $31,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Salem Investment Counselors Inc. raised its stake in shares of Amplify Cybersecurity ETF by 300.0% during the 1st quarter. Salem Investment Counselors Inc. now owns 400 shares of the company’s stock worth $26,000 after buying an additional 300 shares in the last quarter. Triad Wealth Partners LLC purchased a new position in Amplify Cybersecurity ETF in the second quarter worth $26,000. Crewe Advisors LLC acquired a new stake in Amplify Cybersecurity ETF in the first quarter valued at $46,000. Fairfield Financial Advisors LTD purchased a new stake in shares of Amplify Cybersecurity ETF during the 2nd quarter worth $47,000. Finally, Glassman Wealth Services acquired a new position in shares of Amplify Cybersecurity ETF during the 1st quarter worth $55,000.

Amplify Cybersecurity ETF Trading Up 1.2 %

Shares of Amplify Cybersecurity ETF stock opened at $67.93 on Friday. The company has a 50-day moving average of $64.92 and a two-hundred day moving average of $63.58. Amplify Cybersecurity ETF has a 12-month low of $49.74 and a 12-month high of $68.12. The stock has a market cap of $1.94 billion, a PE ratio of 32.94 and a beta of 1.41.

Amplify Cybersecurity ETF Profile

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.