Envestnet Asset Management Inc. Has $15.20 Million Holdings in Amplify Cybersecurity ETF (NYSEARCA:HACK)

Envestnet Asset Management Inc. boosted its position in Amplify Cybersecurity ETF (NYSEARCA:HACK) by 490.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 211,739 shares of the company’s stock after buying an additional 175,864 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.81% of Amplify Cybersecurity ETF worth $15,203,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of HACK. Avantax Advisory Services Inc. acquired a new position in Amplify Cybersecurity ETF in the 4th quarter valued at $201,000. Harbour Investments Inc. boosted its holdings in Amplify Cybersecurity ETF by 130.3% in the 4th quarter. Harbour Investments Inc. now owns 350 shares of the company’s stock valued at $26,000 after purchasing an additional 198 shares during the period. Parallel Advisors LLC boosted its holdings in Amplify Cybersecurity ETF by 3.2% in the 4th quarter. Parallel Advisors LLC now owns 7,814 shares of the company’s stock valued at $582,000 after purchasing an additional 243 shares during the period. LPL Financial LLC boosted its holdings in Amplify Cybersecurity ETF by 6.1% in the 4th quarter. LPL Financial LLC now owns 502,772 shares of the company’s stock valued at $37,452,000 after purchasing an additional 28,821 shares during the period. Finally, Modern Wealth Management LLC bought a new stake in Amplify Cybersecurity ETF in the 4th quarter valued at $338,000.

Amplify Cybersecurity ETF Price Performance

Shares of Amplify Cybersecurity ETF stock opened at $84.97 on Friday. Amplify Cybersecurity ETF has a fifty-two week low of $58.33 and a fifty-two week high of $87.86. The firm has a fifty day moving average price of $83.39 and a two-hundred day moving average price of $77.97. The company has a market cap of $2.33 billion, a PE ratio of 35.67 and a beta of 0.93.

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.