Valley Wealth Managers Inc. Invests $2.56 Million in Amplify Cybersecurity ETF (NYSEARCA:HACK)

Valley Wealth Managers Inc. purchased a new position in Amplify Cybersecurity ETF (NYSEARCA:HACK) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 37,546 shares of the company’s stock, valued at approximately $2,564,000.

Several other hedge funds have also recently modified their holdings of HACK. Ashton Thomas Securities LLC bought a new position in Amplify Cybersecurity ETF in the third quarter valued at about $27,000. Triad Wealth Partners LLC bought a new position in shares of Amplify Cybersecurity ETF in the second quarter worth about $26,000. NBC Securities Inc. bought a new position in shares of Amplify Cybersecurity ETF in the third quarter worth about $31,000. Hollencrest Capital Management bought a new position in shares of Amplify Cybersecurity ETF in the second quarter worth about $31,000. Finally, Fairfield Financial Advisors LTD bought a new position in shares of Amplify Cybersecurity ETF in the second quarter worth about $47,000.

Amplify Cybersecurity ETF Stock Performance

Shares of NYSEARCA HACK traded down $0.89 during trading on Friday, hitting $71.71. The company had a trading volume of 16,654 shares, compared to its average volume of 111,965. The stock has a 50 day simple moving average of $69.36 and a 200 day simple moving average of $65.53. Amplify Cybersecurity ETF has a 12 month low of $53.84 and a 12 month high of $75.92. The firm has a market capitalization of $2.05 billion, a P/E ratio of 32.94 and a beta of 1.41.

Amplify Cybersecurity ETF Company 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.