Parallel Advisors LLC Increases Stock Holdings in Amplify Cybersecurity ETF (NYSEARCA:HACK)

Parallel Advisors LLC lifted its stake in Amplify Cybersecurity ETF (NYSEARCA:HACK) by 3.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 7,814 shares of the company’s stock after buying an additional 243 shares during the period. Parallel Advisors LLC’s holdings in Amplify Cybersecurity ETF were worth $582,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of HACK. Raymond James Financial Inc. purchased a new position in shares of Amplify Cybersecurity ETF in the 4th quarter worth approximately $18,520,000. Bryn Mawr Capital Management LLC boosted its holdings in shares of Amplify Cybersecurity ETF by 6,396.9% in the 4th quarter. Bryn Mawr Capital Management LLC now owns 207,900 shares of the company’s stock worth $15,486,000 after purchasing an additional 204,700 shares during the period. Benjamin Edwards Inc. boosted its holdings in shares of Amplify Cybersecurity ETF by 2,657.9% in the 3rd quarter. Benjamin Edwards Inc. now owns 126,503 shares of the company’s stock worth $8,636,000 after purchasing an additional 121,916 shares during the period. BFI Infinity Ltd. purchased a new position in Amplify Cybersecurity ETF during the 4th quarter valued at $7,967,000. Finally, HighTower Advisors LLC boosted its holdings in Amplify Cybersecurity ETF by 57.1% during the 4th quarter. HighTower Advisors LLC now owns 111,001 shares of the company’s stock valued at $8,268,000 after acquiring an additional 40,346 shares during the period.

Amplify Cybersecurity ETF Stock Down 1.3 %

HACK opened at $74.50 on Friday. The business has a fifty day moving average of $77.42 and a 200 day moving average of $73.54. Amplify Cybersecurity ETF has a 52-week low of $58.33 and a 52-week high of $82.83. The stock has a market cap of $2.04 billion, a P/E ratio of 30.43 and a beta of 0.86.

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.