Amplify Cybersecurity ETF (NYSEARCA:HACK) Sees Strong Trading Volume – Here’s Why

Amplify Cybersecurity ETF (NYSEARCA:HACK) shares saw unusually-high trading volume on Tuesday . Approximately 302,575 shares traded hands during mid-day trading, an increase of 137% from the previous session’s volume of 127,445 shares.The stock last traded at $78.41 and had previously closed at $78.23.

Amplify Cybersecurity ETF Trading Down 0.1%

The business’s fifty day moving average price is $77.53 and its 200 day moving average price is $82.39. The company has a market capitalization of $2.02 billion, a P/E ratio of 35.67 and a beta of 0.85.

Amplify Cybersecurity ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were issued a dividend of $0.0597 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Tuesday, December 30th.

Institutional Trading of Amplify Cybersecurity ETF

Institutional investors have recently bought and sold shares of the stock. FWL Investment Management LLC lifted its holdings in shares of Amplify Cybersecurity ETF by 6.1% during the second quarter. FWL Investment Management LLC now owns 2,358 shares of the company’s stock valued at $204,000 after acquiring an additional 136 shares during the period. Tocqueville Asset Management L.P. boosted its position in Amplify Cybersecurity ETF by 1.4% in the third quarter. Tocqueville Asset Management L.P. now owns 10,669 shares of the company’s stock valued at $926,000 after buying an additional 145 shares in the last quarter. IFP Advisors Inc grew its stake in Amplify Cybersecurity ETF by 0.9% during the fourth quarter. IFP Advisors Inc now owns 16,984 shares of the company’s stock worth $1,365,000 after buying an additional 151 shares during the last quarter. O ROURKE & COMPANY Inc increased its holdings in shares of Amplify Cybersecurity ETF by 1.4% during the fourth quarter. O ROURKE & COMPANY Inc now owns 11,194 shares of the company’s stock worth $900,000 after buying an additional 154 shares in the last quarter. Finally, Merit Financial Group LLC grew its position in Amplify Cybersecurity ETF by 5.8% during the 3rd quarter. Merit Financial Group LLC now owns 2,926 shares of the company’s stock worth $254,000 after acquiring an additional 160 shares during the last quarter.

Amplify Cybersecurity ETF Company 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.