Salem Investment Counselors Inc. Acquires 300 Shares of Amplify Cybersecurity ETF (NYSEARCA:HACK)

Salem Investment Counselors Inc. raised its stake in Amplify Cybersecurity ETF (NYSEARCA:HACK) by 300.0% during the first quarter, HoldingsChannel.com reports. The fund owned 400 shares of the company’s stock after purchasing an additional 300 shares during the quarter. Salem Investment Counselors Inc.’s holdings in Amplify Cybersecurity ETF were worth $26,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of HACK. Able Wealth Management LLC bought a new position in Amplify Cybersecurity ETF during the fourth quarter valued at $61,000. Barrett & Company Inc. grew its stake in shares of Amplify Cybersecurity ETF by 19.5% during the fourth quarter. Barrett & Company Inc. now owns 1,195 shares of the company’s stock valued at $72,000 after buying an additional 195 shares during the last quarter. Simplex Trading LLC purchased a new stake in shares of Amplify Cybersecurity ETF in the fourth quarter worth approximately $107,000. Sycomore Asset Management bought a new stake in shares of Amplify Cybersecurity ETF during the 4th quarter worth approximately $122,000. Finally, Larson Financial Group LLC boosted its holdings in Amplify Cybersecurity ETF by 5.8% during the 4th quarter. Larson Financial Group LLC now owns 2,938 shares of the company’s stock valued at $177,000 after acquiring an additional 162 shares during the period.

Amplify Cybersecurity ETF Stock Down 0.3 %

HACK stock opened at $62.65 on Tuesday. Amplify Cybersecurity ETF has a twelve month low of $48.70 and a twelve month high of $67.49. The firm has a market cap of $1.79 billion, a price-to-earnings ratio of 32.94 and a beta of 1.41. The business’s fifty day simple moving average is $61.79 and its two-hundred day simple moving average is $62.39.

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.