Amplify Cybersecurity ETF (NYSEARCA:HACK) Sees Unusually-High Trading Volume – What’s Next?

Shares of Amplify Cybersecurity ETF (NYSEARCA:HACK) saw unusually-high trading volume on Friday . Approximately 84,942 shares were traded during trading, a decline of 26% from the previous session’s volume of 114,018 shares.The stock last traded at $70.94 and had previously closed at $69.78.

Amplify Cybersecurity ETF Trading Up 0.6 %

The company has a market cap of $2.00 billion, a P/E ratio of 32.94 and a beta of 1.41. The company’s 50-day moving average price is $67.93 and its two-hundred day moving average price is $64.56.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of HACK. KCM Investment Advisors LLC bought a new position in Amplify Cybersecurity ETF during the first quarter worth $294,000. Brookstone Capital Management lifted its position in shares of Amplify Cybersecurity ETF by 69.9% in the 2nd quarter. Brookstone Capital Management now owns 32,115 shares of the company’s stock worth $2,092,000 after buying an additional 13,213 shares during the last quarter. Osaic Holdings Inc. lifted its position in shares of Amplify Cybersecurity ETF by 10.3% in the 1st quarter. Osaic Holdings Inc. now owns 110,938 shares of the company’s stock worth $7,112,000 after buying an additional 10,377 shares during the last quarter. Benjamin F. Edwards & Company Inc. boosted its holdings in shares of Amplify Cybersecurity ETF by 10.3% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 118,228 shares of the company’s stock valued at $7,653,000 after buying an additional 10,998 shares during the period. Finally, Cetera Investment Advisers grew its position in shares of Amplify Cybersecurity ETF by 678.8% during the 1st quarter. Cetera Investment Advisers now owns 60,917 shares of the company’s stock valued at $3,905,000 after buying an additional 53,095 shares during the last quarter.

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.