IFP Advisors Inc Grows Position in Amplify Cybersecurity ETF (NYSEARCA:HACK)

IFP Advisors Inc grew its stake in Amplify Cybersecurity ETF (NYSEARCA:HACK) by 523.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 13,043 shares of the company’s stock after buying an additional 10,950 shares during the period. IFP Advisors Inc’s holdings in Amplify Cybersecurity ETF were worth $972,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Ashton Thomas Securities LLC acquired a new stake in shares of Amplify Cybersecurity ETF during the third quarter worth about $27,000. RPg Family Wealth Advisory LLC acquired a new position in Amplify Cybersecurity ETF in the 3rd quarter worth approximately $27,000. First Horizon Advisors Inc. purchased a new position in Amplify Cybersecurity ETF during the 3rd quarter worth approximately $31,000. Geneos Wealth Management Inc. acquired a new stake in Amplify Cybersecurity ETF during the 4th quarter valued at approximately $46,000. Finally, Compass Wealth Management LLC purchased a new stake in shares of Amplify Cybersecurity ETF in the 4th quarter valued at $48,000.

Amplify Cybersecurity ETF Price Performance

NYSEARCA:HACK opened at $75.58 on Friday. The company’s fifty day moving average price is $77.69 and its 200-day moving average price is $72.72. Amplify Cybersecurity ETF has a 1-year low of $58.33 and a 1-year high of $82.83. The firm has a market capitalization of $2.16 billion, a P/E ratio of 32.94 and a beta of 1.41.

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