Amplify Cybersecurity ETF (NYSEARCA:HACK) Reaches New 1-Year High – Here’s Why

Amplify Cybersecurity ETF (NYSEARCA:HACK) reached a new 52-week high during trading on Wednesday . The stock traded as high as $116.00 and last traded at $116.00, with a volume of 907 shares changing hands. The stock had previously closed at $114.07.

Amplify Cybersecurity ETF Price Performance

The firm’s 50 day moving average price is $103.12 and its two-hundred day moving average price is $87.46. The stock has a market cap of $2.92 billion, a PE ratio of 35.67 and a beta of 0.84.

Institutional Trading of Amplify Cybersecurity ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Sound Income Strategies LLC bought a new position in Amplify Cybersecurity ETF in the 4th quarter worth about $27,000. Garner Asset Management Corp bought a new stake in shares of Amplify Cybersecurity ETF during the fourth quarter valued at about $28,000. Elevated Capital Advisors LLC purchased a new stake in shares of Amplify Cybersecurity ETF in the fourth quarter worth about $34,000. Laurel Wealth Advisors LLC purchased a new stake in shares of Amplify Cybersecurity ETF in the fourth quarter worth about $36,000. Finally, Whittier Trust Co. of Nevada Inc. purchased a new stake in shares of Amplify Cybersecurity ETF in the fourth quarter worth about $40,000.

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.