Alpha Cubed Investments LLC Sells 648 Shares of Amplify Cybersecurity ETF (NYSEARCA:HACK)

Alpha Cubed Investments LLC cut its holdings in Amplify Cybersecurity ETF (NYSEARCA:HACK) by 8.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 7,453 shares of the company’s stock after selling 648 shares during the period. Alpha Cubed Investments LLC’s holdings in Amplify Cybersecurity ETF were worth $555,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Wealth Enhancement Advisory Services LLC boosted its stake in Amplify Cybersecurity ETF by 0.3% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 333,044 shares of the company’s stock worth $22,740,000 after buying an additional 853 shares during the period. Raymond James & Associates grew its holdings in Amplify Cybersecurity ETF by 1.1% during the 3rd quarter. Raymond James & Associates now owns 184,175 shares of the company’s stock valued at $12,575,000 after purchasing an additional 2,085 shares during the last quarter. Benjamin Edwards Inc. raised its position in Amplify Cybersecurity ETF by 2,657.9% in the 3rd quarter. Benjamin Edwards Inc. now owns 126,503 shares of the company’s stock worth $8,636,000 after purchasing an additional 121,916 shares during the period. BFI Infinity Ltd. bought a new stake in Amplify Cybersecurity ETF in the fourth quarter worth about $7,967,000. Finally, HighTower Advisors LLC boosted its position in shares of Amplify Cybersecurity ETF by 3.6% during the third quarter. HighTower Advisors LLC now owns 70,655 shares of the company’s stock valued at $4,818,000 after buying an additional 2,487 shares during the period.

Amplify Cybersecurity ETF Stock Performance

Shares of NYSEARCA HACK opened at $76.46 on Tuesday. Amplify Cybersecurity ETF has a fifty-two week low of $58.33 and a fifty-two week high of $79.00. The company has a market cap of $2.18 billion, a price-to-earnings ratio of 32.94 and a beta of 1.41. The business’s 50 day moving average price is $74.71 and its 200-day moving average price is $69.70.

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.