Financial Advocates Investment Management Makes New Investment in Amplify Cybersecurity ETF (NYSEARCA:HACK)

Financial Advocates Investment Management purchased a new position in Amplify Cybersecurity ETF (NYSEARCA:HACK) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 3,359 shares of the company’s stock, valued at approximately $250,000.

Several other hedge funds have also recently made changes to their positions in the business. Ashton Thomas Securities LLC purchased a new position in shares of Amplify Cybersecurity ETF during the 3rd quarter worth about $27,000. RPg Family Wealth Advisory LLC purchased a new position in shares of Amplify Cybersecurity ETF during the third quarter valued at approximately $27,000. NBC Securities Inc. bought a new position in shares of Amplify Cybersecurity ETF during the third quarter valued at approximately $31,000. First Horizon Advisors Inc. purchased a new stake in shares of Amplify Cybersecurity ETF in the third quarter worth approximately $31,000. Finally, Geneos Wealth Management Inc. bought a new stake in shares of Amplify Cybersecurity ETF during the 4th quarter worth approximately $46,000.

Amplify Cybersecurity ETF Stock Up 0.6 %

Shares of Amplify Cybersecurity ETF stock opened at $80.60 on Monday. The stock’s fifty day moving average is $76.40 and its two-hundred day moving average is $71.09. Amplify Cybersecurity ETF has a 52 week low of $58.33 and a 52 week high of $81.64. The company has a market capitalization of $2.30 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.