Wedbush Securities Inc. Trims Stock Holdings in Amplify Cybersecurity ETF (NYSEARCA:HACK)

Wedbush Securities Inc. lessened its position in shares of Amplify Cybersecurity ETF (NYSEARCA:HACK) by 2.1% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,192 shares of the company’s stock after selling 176 shares during the quarter. Wedbush Securities Inc.’s holdings in Amplify Cybersecurity ETF were worth $530,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Salem Investment Counselors Inc. boosted its stake in shares of Amplify Cybersecurity ETF by 300.0% in the first quarter. Salem Investment Counselors Inc. now owns 400 shares of the company’s stock worth $26,000 after buying an additional 300 shares during the last quarter. Triad Wealth Partners LLC purchased a new stake in Amplify Cybersecurity ETF in the 2nd quarter worth approximately $26,000. Crewe Advisors LLC purchased a new position in shares of Amplify Cybersecurity ETF during the 1st quarter valued at approximately $46,000. Glassman Wealth Services acquired a new position in shares of Amplify Cybersecurity ETF in the 1st quarter valued at $55,000. Finally, PFS Partners LLC purchased a new stake in Amplify Cybersecurity ETF during the first quarter worth $61,000.

Amplify Cybersecurity ETF Stock Performance

HACK opened at $65.52 on Friday. The company has a fifty day moving average of $64.71 and a two-hundred day moving average of $63.50. The stock has a market capitalization of $1.87 billion, a price-to-earnings ratio of 32.94 and a beta of 1.41. Amplify Cybersecurity ETF has a fifty-two week low of $49.74 and a fifty-two week high of $68.12.

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.