Grassi Investment Management Has $384,000 Position in Amplify Cybersecurity ETF (NYSEARCA:HACK)

Grassi Investment Management raised its stake in shares of Amplify Cybersecurity ETF (NYSEARCA:HACK) by 17.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,150 shares of the company’s stock after purchasing an additional 775 shares during the period. Grassi Investment Management’s holdings in Amplify Cybersecurity ETF were worth $384,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Benjamin Edwards Inc. raised its holdings in shares of Amplify Cybersecurity ETF by 2,657.9% in the third quarter. Benjamin Edwards Inc. now owns 126,503 shares of the company’s stock valued at $8,636,000 after buying an additional 121,916 shares during the last quarter. Ellis Investment Partners LLC bought a new stake in Amplify Cybersecurity ETF during the 3rd quarter worth about $3,074,000. Valley Wealth Managers Inc. bought a new stake in Amplify Cybersecurity ETF during the 3rd quarter worth about $2,564,000. Meridian Wealth Management LLC bought a new stake in Amplify Cybersecurity ETF during the 3rd quarter worth about $2,176,000. Finally, Florin Court Capital LLP raised its holdings in Amplify Cybersecurity ETF by 113.8% during the 3rd quarter. Florin Court Capital LLP now owns 43,956 shares of the company’s stock worth $3,001,000 after purchasing an additional 23,400 shares during the last quarter.

Amplify Cybersecurity ETF Price Performance

Shares of Amplify Cybersecurity ETF stock traded down $0.50 during trading on Monday, hitting $73.66. 78,684 shares of the company were exchanged, compared to its average volume of 133,769. The firm has a market capitalization of $2.10 billion, a P/E ratio of 32.94 and a beta of 1.41. Amplify Cybersecurity ETF has a 1-year low of $58.33 and a 1-year high of $79.00. The firm’s fifty day moving average price is $74.37 and its 200 day moving average price is $69.25.

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.