Bay Capital Advisors LLC Takes $844,000 Position in Amplify Cybersecurity ETF (NYSEARCA:HACK)

Bay Capital Advisors LLC purchased a new stake in shares of Amplify Cybersecurity ETF (NYSEARCA:HACK) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 11,333 shares of the company’s stock, valued at approximately $844,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new stake in shares of Amplify Cybersecurity ETF during the fourth quarter valued at about $18,520,000. Bryn Mawr Capital Management LLC grew its stake in Amplify Cybersecurity ETF by 6,396.9% in the fourth quarter. Bryn Mawr Capital Management LLC now owns 207,900 shares of the company’s stock worth $15,486,000 after purchasing an additional 204,700 shares in the last quarter. Benjamin Edwards Inc. grew its stake in Amplify Cybersecurity ETF by 2,657.9% in the third 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 in the last quarter. BFI Infinity Ltd. acquired a new stake in Amplify Cybersecurity ETF during the fourth quarter valued at approximately $7,967,000. Finally, HighTower Advisors LLC lifted its holdings in Amplify Cybersecurity ETF by 57.1% during the 4th quarter. HighTower Advisors LLC now owns 111,001 shares of the company’s stock worth $8,268,000 after buying an additional 40,346 shares during the last quarter.

Amplify Cybersecurity ETF Stock Performance

Amplify Cybersecurity ETF stock opened at $75.66 on Tuesday. Amplify Cybersecurity ETF has a one year low of $58.33 and a one year high of $82.83. The company has a 50-day simple moving average of $77.46 and a 200-day simple moving average of $73.77. The firm has a market capitalization of $2.04 billion, a P/E ratio of 30.15 and a beta of 0.86.

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.