Meridian Wealth Management LLC Takes Position in Amplify Cybersecurity ETF (NYSEARCA:HACK)

Meridian Wealth Management LLC purchased a new stake in Amplify Cybersecurity ETF (NYSEARCA:HACK) in the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 31,876 shares of the company’s stock, valued at approximately $2,176,000.

Several other institutional investors and hedge funds also recently made changes to their positions in HACK. EP Wealth Advisors LLC acquired a new position in shares of Amplify Cybersecurity ETF in the first quarter valued at approximately $208,000. Comerica Bank boosted its holdings in Amplify Cybersecurity ETF by 44.1% during the first quarter. Comerica Bank now owns 4,048 shares of the company’s stock worth $260,000 after purchasing an additional 1,239 shares during the last quarter. Pacific Center for Financial Services acquired a new position in Amplify Cybersecurity ETF during the first quarter worth $122,000. Independent Wealth Network Inc. boosted its holdings in Amplify Cybersecurity ETF by 6.4% during the first quarter. Independent Wealth Network Inc. now owns 11,196 shares of the company’s stock worth $718,000 after purchasing an additional 670 shares during the last quarter. Finally, Cetera Investment Advisers boosted its holdings in 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 purchasing an additional 53,095 shares during the last quarter.

Amplify Cybersecurity ETF Trading Up 0.5 %

Shares of HACK opened at $73.60 on Friday. Amplify Cybersecurity ETF has a 12 month low of $55.24 and a 12 month high of $75.92. The firm has a fifty day simple moving average of $70.10 and a 200 day simple moving average of $65.87. The stock has a market capitalization of $2.10 billion, a price-to-earnings 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.