Amplify Cybersecurity ETF (NYSEARCA:HACK) Reaches New 12-Month High – What’s Next?

Amplify Cybersecurity ETF (NYSEARCA:HACK)’s stock price hit a new 52-week high during trading on Friday . The company traded as high as $77.14 and last traded at $77.07, with a volume of 26269 shares changing hands. The stock had previously closed at $75.88.

Amplify Cybersecurity ETF Stock Performance

The stock has a 50 day moving average of $72.37 and a two-hundred day moving average of $67.29. The stock has a market cap of $2.19 billion, a PE ratio of 32.94 and a beta of 1.41.

Institutional Investors Weigh In On Amplify Cybersecurity ETF

Several hedge funds have recently bought and sold shares of the business. Brookstone Capital Management boosted its stake in shares of Amplify Cybersecurity ETF by 69.9% during the 2nd quarter. Brookstone Capital Management now owns 32,115 shares of the company’s stock valued at $2,092,000 after buying an additional 13,213 shares during the period. Benjamin F. Edwards & Company Inc. raised its holdings in shares of Amplify Cybersecurity ETF by 10.3% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 118,228 shares of the company’s stock worth $7,653,000 after acquiring an additional 10,998 shares in the last quarter. Hollencrest Capital Management acquired a new stake in Amplify Cybersecurity ETF during the second quarter valued at $31,000. Comerica Bank grew its stake in Amplify Cybersecurity ETF by 44.1% in the first quarter. Comerica Bank now owns 4,048 shares of the company’s stock valued at $260,000 after purchasing an additional 1,239 shares in the last quarter. Finally, HighTower Advisors LLC grew its stake in Amplify Cybersecurity ETF by 3.6% in the third quarter. HighTower Advisors LLC now owns 70,655 shares of the company’s stock valued at $4,818,000 after purchasing an additional 2,487 shares in the last quarter.

Amplify Cybersecurity ETF Company 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.