Northwestern Mutual Wealth Management Co. Decreases Stake in Amplify Cybersecurity ETF $HACK

Northwestern Mutual Wealth Management Co. reduced its stake in Amplify Cybersecurity ETF (NYSEARCA:HACK) by 16.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 82,886 shares of the company’s stock after selling 15,766 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Amplify Cybersecurity ETF were worth $6,662,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the stock. HighTower Advisors LLC increased its stake in Amplify Cybersecurity ETF by 2.7% in the 4th quarter. HighTower Advisors LLC now owns 348,876 shares of the company’s stock worth $28,039,000 after purchasing an additional 9,275 shares during the period. Thrivent Financial for Lutherans purchased a new position in Amplify Cybersecurity ETF in the 4th quarter worth approximately $26,998,000. Raymond James Financial Inc. increased its stake in Amplify Cybersecurity ETF by 0.8% in the 3rd quarter. Raymond James Financial Inc. now owns 260,889 shares of the company’s stock worth $22,645,000 after purchasing an additional 2,195 shares during the period. Bank of America Corp DE increased its stake in Amplify Cybersecurity ETF by 1.1% in the 3rd quarter. Bank of America Corp DE now owns 162,971 shares of the company’s stock worth $14,146,000 after purchasing an additional 1,783 shares during the period. Finally, MML Investors Services LLC increased its stake in Amplify Cybersecurity ETF by 28.0% in the 2nd quarter. MML Investors Services LLC now owns 90,848 shares of the company’s stock worth $7,847,000 after purchasing an additional 19,872 shares during the period.

Amplify Cybersecurity ETF Price Performance

Shares of Amplify Cybersecurity ETF stock opened at $105.37 on Wednesday. The business’s 50 day simple moving average is $82.41 and its two-hundred day simple moving average is $80.57. The stock has a market capitalization of $2.62 billion, a P/E ratio of 35.67 and a beta of 0.79. Amplify Cybersecurity ETF has a one year low of $69.66 and a one year high of $105.56.

Amplify Cybersecurity ETF Company 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.