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

Shares of Amplify Cybersecurity ETF (NYSEARCA:HACK) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $69.14 and last traded at $69.14, with a volume of 6445 shares traded. The stock had previously closed at $68.93.

Amplify Cybersecurity ETF Stock Up 1.0 %

The company’s 50-day moving average is $65.89 and its two-hundred day moving average is $63.91. The company has a market capitalization of $1.99 billion, a P/E ratio of 32.94 and a beta of 1.41.

Institutional Trading of Amplify Cybersecurity ETF

A number of hedge funds have recently bought and sold shares of HACK. Barometer Capital Management Inc. bought a new stake in Amplify Cybersecurity ETF in the 4th quarter worth $691,000. Able Wealth Management LLC bought a new stake in shares of Amplify Cybersecurity ETF in the fourth quarter worth about $61,000. GLOBALT Investments LLC GA purchased a new position in Amplify Cybersecurity ETF during the 4th quarter valued at about $211,000. Confluence Investment Management LLC bought a new position in Amplify Cybersecurity ETF during the 1st quarter valued at approximately $3,151,000. Finally, Grassi Investment Management lifted its holdings in Amplify Cybersecurity ETF by 18.8% in the 1st quarter. Grassi Investment Management now owns 4,275 shares of the company’s stock worth $274,000 after buying an additional 675 shares during the period.

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.