Amplify Cybersecurity ETF (NYSEARCA:HACK) Hits New 52-Week High – Here’s What Happened

Amplify Cybersecurity ETF (NYSEARCA:HACK)’s stock price hit a new 52-week high on Monday. The company traded as high as $132.90 and last traded at $131.2030, with a volume of 1,566 shares changing hands. The stock had previously closed at $130.76.

Amplify Cybersecurity ETF Stock Down 0.1%

The stock has a fifty day moving average of $117.61 and a 200-day moving average of $101.83. The firm has a market capitalization of $3.55 billion, a P/E ratio of 35.67 and a beta of 0.84.

Institutional Investors Weigh In On Amplify Cybersecurity ETF

A number of hedge funds have recently added to or reduced their stakes in HACK. Cetera Investment Advisers increased its position in Amplify Cybersecurity ETF by 38.4% in the first quarter. Cetera Investment Advisers now owns 207,321 shares of the company’s stock worth $15,568,000 after purchasing an additional 57,471 shares during the period. 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 valued at $13,530,000 after purchasing an additional 12,947 shares during the period. D.A. Davidson & CO. lifted its position in Amplify Cybersecurity ETF by 44.8% during the 1st quarter. D.A. Davidson & CO. now owns 73,286 shares of the company’s stock valued at $5,503,000 after purchasing an additional 22,665 shares during the period. Thoma Capital Management LLC boosted its stake in shares of Amplify Cybersecurity ETF by 5.4% in the 1st quarter. Thoma Capital Management LLC now owns 68,835 shares of the company’s stock valued at $5,169,000 after purchasing an additional 3,544 shares during the last quarter. Finally, Artesa Financial Group LLC boosted its stake in shares of Amplify Cybersecurity ETF by 1.8% in the 1st quarter. Artesa Financial Group LLC now owns 56,095 shares of the company’s stock valued at $4,212,000 after purchasing an additional 986 shares during the last quarter.

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.