Florin Court Capital LLP Trims Position in Amplify Cybersecurity ETF (NYSEARCA:HACK)

Florin Court Capital LLP reduced its stake in shares of Amplify Cybersecurity ETF (NYSEARCA:HACK) by 58.9% during the 2nd quarter, HoldingsChannel reports. The fund owned 20,556 shares of the company’s stock after selling 29,400 shares during the period. Amplify Cybersecurity ETF accounts for 1.8% of Florin Court Capital LLP’s portfolio, making the stock its 16th largest position. Florin Court Capital LLP’s holdings in Amplify Cybersecurity ETF were worth $1,331,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in HACK. Benjamin F. Edwards & Company Inc. purchased a new position in Amplify Cybersecurity ETF in the 1st quarter worth approximately $6,874,000. J.W. Cole Advisors Inc. acquired a new stake in shares of Amplify Cybersecurity ETF during the first quarter valued at about $4,098,000. Cetera Investment Advisers increased its position in shares of Amplify Cybersecurity ETF by 678.8% during the first quarter. Cetera Investment Advisers now owns 60,917 shares of the company’s stock worth $3,905,000 after acquiring an additional 53,095 shares during the last quarter. Confluence Investment Management LLC acquired a new position in shares of Amplify Cybersecurity ETF in the first quarter worth about $3,151,000. Finally, Simplex Trading LLC boosted its holdings in Amplify Cybersecurity ETF by 2,016.1% in the first quarter. Simplex Trading LLC now owns 37,751 shares of the company’s stock valued at $2,420,000 after purchasing an additional 35,967 shares during the last quarter.

Amplify Cybersecurity ETF Stock Down 0.7 %

HACK stock opened at $64.87 on Friday. The company has a market capitalization of $1.85 billion, a PE ratio of 32.94 and a beta of 1.41. Amplify Cybersecurity ETF has a 52-week low of $49.74 and a 52-week high of $68.12. The stock’s 50 day moving average is $64.82 and its two-hundred day moving average is $63.48.

Amplify Cybersecurity ETF 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. HACK was launched on Nov 11, 2014 and is managed by ETF Managers Group.