Independent Financial Group LLC Makes New $3.37 Million Investment in Amplify Cybersecurity ETF $HACK

Independent Financial Group LLC purchased a new stake in shares of Amplify Cybersecurity ETF (NYSEARCA:HACK) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 44,875 shares of the company’s stock, valued at approximately $3,370,000. Independent Financial Group LLC owned about 0.18% of Amplify Cybersecurity ETF at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Sound Income Strategies LLC bought a new position in Amplify Cybersecurity ETF in the 4th quarter worth approximately $27,000. Garner Asset Management Corp acquired a new position in Amplify Cybersecurity ETF during the 4th quarter worth $28,000. Lodestone Wealth Management LLC bought a new position in Amplify Cybersecurity ETF in the 4th quarter valued at $32,000. Elevated Capital Advisors LLC bought a new position in Amplify Cybersecurity ETF in the 4th quarter valued at $34,000. Finally, Laurel Wealth Advisors LLC bought a new position in Amplify Cybersecurity ETF in the 4th quarter valued at $36,000.

Amplify Cybersecurity ETF Stock Performance

NYSEARCA HACK opened at $111.04 on Friday. The stock has a fifty day moving average of $99.11 and a 200-day moving average of $85.19. The stock has a market capitalization of $2.77 billion, a P/E ratio of 35.67 and a beta of 0.85. Amplify Cybersecurity ETF has a 52 week low of $69.66 and a 52 week high of $115.50.

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.