Amplify Cybersecurity ETF (NYSEARCA:HACK) Sees Strong Trading Volume – Time to Buy?

Amplify Cybersecurity ETF (NYSEARCA:HACKGet Free Report) shares saw an uptick in trading volume on Tuesday . 122,030 shares were traded during trading, a decline of 29% from the previous session’s volume of 171,458 shares.The stock last traded at $118.3770 and had previously closed at $118.56.

Amplify Cybersecurity ETF Stock Down 0.9%

The stock has a fifty day simple moving average of $111.98 and a 200-day simple moving average of $95.63. The company has a market capitalization of $3.00 billion, a P/E ratio of 35.67 and a beta of 0.85.

Hedge Funds Weigh In On Amplify Cybersecurity ETF

Several institutional investors have recently added to or reduced their stakes in HACK. Bank of America Corp DE lifted its position in Amplify Cybersecurity ETF by 7.7% during the 1st quarter. Bank of America Corp DE now owns 180,181 shares of the company’s stock worth $13,530,000 after buying an additional 12,947 shares in the last quarter. Larry Mathis Financial Planning LLC bought a new position in shares of Amplify Cybersecurity ETF in the fourth quarter worth about $785,000. D.A. Davidson & CO. raised its stake in shares of Amplify Cybersecurity ETF by 44.8% in the first quarter. D.A. Davidson & CO. now owns 73,286 shares of the company’s stock worth $5,503,000 after acquiring an additional 22,665 shares during the last quarter. Arkadios Wealth Advisors lifted its position in shares of Amplify Cybersecurity ETF by 26.5% during the first quarter. Arkadios Wealth Advisors now owns 48,715 shares of the company’s stock worth $3,658,000 after purchasing an additional 10,215 shares in the last quarter. Finally, Hyposwiss Advisors SA acquired a new position in shares of Amplify Cybersecurity ETF during the fourth quarter worth approximately $1,689,000.

Amplify Cybersecurity ETF Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Amplify Cybersecurity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amplify Cybersecurity ETF and related companies with MarketBeat.com's FREE daily email newsletter.