Hobbs Group Advisors LLC Sells 550 Shares of Amplify Cybersecurity ETF (NYSEARCA:HACK)

Hobbs Group Advisors LLC trimmed its holdings in Amplify Cybersecurity ETF (NYSEARCA:HACK) by 26.8% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 1,504 shares of the company’s stock after selling 550 shares during the period. Hobbs Group Advisors LLC’s holdings in Amplify Cybersecurity ETF were worth $103,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of HACK. Wealth Enhancement Advisory Services LLC grew its stake in Amplify Cybersecurity ETF by 0.3% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 333,044 shares of the company’s stock worth $22,740,000 after acquiring an additional 853 shares in the last quarter. Raymond James & Associates grew its stake in Amplify Cybersecurity ETF by 1.1% in the third quarter. Raymond James & Associates now owns 184,175 shares of the company’s stock worth $12,575,000 after purchasing an additional 2,085 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in Amplify Cybersecurity ETF by 1.3% in the second quarter. Commonwealth Equity Services LLC now owns 131,576 shares of the company’s stock worth $8,517,000 after purchasing an additional 1,665 shares in the last quarter. Benjamin Edwards Inc. increased its holdings in Amplify Cybersecurity ETF by 2,657.9% during the 3rd quarter. Benjamin Edwards Inc. now owns 126,503 shares of the company’s stock worth $8,636,000 after purchasing an additional 121,916 shares during the period. Finally, Benjamin F. Edwards & Company Inc. raised its position in Amplify Cybersecurity ETF by 10.3% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 118,228 shares of the company’s stock valued at $7,653,000 after purchasing an additional 10,998 shares in the last quarter.

Amplify Cybersecurity ETF Trading Down 1.6 %

Shares of HACK stock opened at $74.50 on Wednesday. Amplify Cybersecurity ETF has a twelve month low of $57.72 and a twelve month high of $76.83. The stock has a fifty day simple moving average of $71.88 and a two-hundred day simple moving average of $67.03. The stock has a market capitalization of $2.13 billion, a price-to-earnings ratio of 32.94 and a beta of 1.41.

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.