Amplify Cybersecurity ETF (NYSEARCA:HACK) Shares Up 5.3% – Here’s What Happened

Amplify Cybersecurity ETF (NYSEARCA:HACK)’s stock price traded up 5.3% during mid-day trading on Monday . The company traded as high as $114.25 and last traded at $115.6710. 98,753 shares changed hands during trading, a decline of 41% from the average session volume of 166,340 shares. The stock had previously closed at $109.90.

Amplify Cybersecurity ETF Trading Up 1.7%

The stock’s 50-day moving average is $111.76 and its 200-day moving average is $95.31. The stock has a market cap of $3.03 billion, a price-to-earnings ratio of 35.67 and a beta of 0.85.

Institutional Investors Weigh In On Amplify Cybersecurity ETF

Large investors have recently made changes to their positions in the business. NorthRock Partners LLC purchased a new stake in Amplify Cybersecurity ETF during the 2nd quarter worth $256,000. Integrated Wealth Concepts LLC boosted its position in Amplify Cybersecurity ETF by 9.1% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 15,713 shares of the company’s stock valued at $1,649,000 after buying an additional 1,312 shares during the last quarter. RFG Advisory LLC acquired a new stake in shares of Amplify Cybersecurity ETF during the second quarter valued at about $219,000. NewEdge Advisors LLC increased its position in shares of Amplify Cybersecurity ETF by 57.0% during the second quarter. NewEdge Advisors LLC now owns 21,632 shares of the company’s stock worth $2,270,000 after acquiring an additional 7,855 shares during the last quarter. Finally, Waverly Advisors LLC increased its position in shares of Amplify Cybersecurity ETF by 10.6% during the second quarter. Waverly Advisors LLC now owns 20,731 shares of the company’s stock worth $2,175,000 after acquiring an additional 1,995 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.