Amplify Cybersecurity ETF (NYSEARCA:HACK) Hits New 1-Year High – Time to Buy?

Amplify Cybersecurity ETF (NYSEARCA:HACK)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as $112.60 and last traded at $112.50, with a volume of 23951 shares changing hands. The stock had previously closed at $109.28.

Amplify Cybersecurity ETF Stock Performance

The stock has a market cap of $2.84 billion, a P/E ratio of 35.67 and a beta of 0.85. The stock has a 50-day moving average price of $96.92 and a 200-day moving average price of $84.38.

Institutional Investors Weigh In On Amplify Cybersecurity ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Sound Income Strategies LLC purchased a new position in Amplify Cybersecurity ETF in the 4th quarter worth approximately $27,000. Garner Asset Management Corp purchased a new stake in shares of Amplify Cybersecurity ETF during the 4th quarter valued at $28,000. Lodestone Wealth Management LLC bought a new stake in shares of Amplify Cybersecurity ETF during the 4th quarter worth $32,000. Elevated Capital Advisors LLC bought a new stake in shares of Amplify Cybersecurity ETF during the 4th quarter worth $34,000. Finally, Laurel Wealth Advisors LLC purchased a new position in Amplify Cybersecurity ETF in the fourth quarter worth $36,000.

About Amplify Cybersecurity ETF

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.