Royal Bank of Canada Cuts Position in Amplify Cybersecurity ETF $HACK

Royal Bank of Canada decreased its position in Amplify Cybersecurity ETF (NYSEARCA:HACK) by 5.5% during the first quarter, HoldingsChannel.com reports. The fund owned 224,639 shares of the company’s stock after selling 13,079 shares during the quarter. Royal Bank of Canada’s holdings in Amplify Cybersecurity ETF were worth $16,868,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of HACK. Sound Income Strategies LLC bought a new position in shares of Amplify Cybersecurity ETF during the 4th quarter valued at approximately $27,000. Garner Asset Management Corp bought a new stake in Amplify Cybersecurity ETF in the fourth quarter worth $28,000. Elevated Capital Advisors LLC bought a new stake in Amplify Cybersecurity ETF in the fourth quarter worth $34,000. Laurel Wealth Advisors LLC purchased a new stake in Amplify Cybersecurity ETF during the fourth quarter valued at $36,000. Finally, Whittier Trust Co. of Nevada Inc. purchased a new stake in Amplify Cybersecurity ETF during the fourth quarter valued at $40,000.

Amplify Cybersecurity ETF Stock Down 1.3%

HACK stock opened at $113.19 on Friday. Amplify Cybersecurity ETF has a 52 week low of $69.66 and a 52 week high of $116.78. The company has a fifty day simple moving average of $103.96 and a two-hundred day simple moving average of $87.94. The firm has a market capitalization of $2.85 billion, a P/E ratio of 35.67 and a beta of 0.84.

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.