Brown Miller Wealth Management LLC Invests $528,000 in Amplify Cybersecurity ETF (NYSEARCA:HACK)

Brown Miller Wealth Management LLC bought a new stake in Amplify Cybersecurity ETF (NYSEARCA:HACK) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 8,239 shares of the company’s stock, valued at approximately $528,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of HACK. Envestnet Asset Management Inc. increased its stake in shares of Amplify Cybersecurity ETF by 7.0% in the third quarter. Envestnet Asset Management Inc. now owns 81,873 shares of the company’s stock worth $4,225,000 after acquiring an additional 5,339 shares during the period. Stifel Financial Corp boosted its holdings in Amplify Cybersecurity ETF by 0.5% in the third quarter. Stifel Financial Corp now owns 59,633 shares of the company’s stock valued at $3,077,000 after purchasing an additional 283 shares during the last quarter. Optimum Investment Advisors grew its position in Amplify Cybersecurity ETF by 2.7% during the 4th quarter. Optimum Investment Advisors now owns 14,424 shares of the company’s stock worth $871,000 after purchasing an additional 375 shares during the period. Cornerstone Wealth Management LLC purchased a new position in shares of Amplify Cybersecurity ETF during the 4th quarter valued at about $209,000. Finally, Raymond James Trust N.A. acquired a new position in shares of Amplify Cybersecurity ETF in the 4th quarter valued at about $252,000.

Amplify Cybersecurity ETF Stock Up 0.7 %

Shares of HACK traded up $0.45 during mid-day trading on Friday, reaching $64.73. The company had a trading volume of 109,063 shares, compared to its average volume of 135,153. The stock has a market capitalization of $1.85 billion, a P/E ratio of 32.94 and a beta of 1.41. Amplify Cybersecurity ETF has a 52-week low of $48.70 and a 52-week high of $67.49. The stock has a 50 day moving average of $62.03 and a two-hundred day moving average of $62.52.

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.