Thoroughbred Financial Services LLC Cuts Holdings in Amplify Cybersecurity ETF (NYSEARCA:HACK)

Thoroughbred Financial Services LLC decreased its holdings in Amplify Cybersecurity ETF (NYSEARCA:HACK) by 1.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,420 shares of the company’s stock after selling 809 shares during the period. Thoroughbred Financial Services LLC’s holdings in Amplify Cybersecurity ETF were worth $3,085,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. LFA Lugano Financial Advisors SA bought a new stake in Amplify Cybersecurity ETF in the 4th quarter worth about $26,000. Harbour Investments Inc. boosted its holdings in shares of Amplify Cybersecurity ETF by 130.3% during the 4th quarter. Harbour Investments Inc. now owns 350 shares of the company’s stock valued at $26,000 after acquiring an additional 198 shares during the last quarter. Geneos Wealth Management Inc. bought a new stake in shares of Amplify Cybersecurity ETF in the fourth quarter worth approximately $46,000. Compass Wealth Management LLC purchased a new position in shares of Amplify Cybersecurity ETF during the fourth quarter valued at approximately $48,000. Finally, Kentucky Trust Co bought a new position in Amplify Cybersecurity ETF during the fourth quarter valued at approximately $56,000.

Amplify Cybersecurity ETF Trading Down 5.7 %

NYSEARCA:HACK opened at $69.09 on Friday. The company has a market cap of $1.86 billion, a PE ratio of 30.15 and a beta of 0.86. The company has a 50 day simple moving average of $76.86 and a two-hundred day simple moving average of $74.12. Amplify Cybersecurity ETF has a 12 month low of $58.33 and a 12 month high of $82.83.

Amplify Cybersecurity ETF 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.