HighTower Advisors LLC Increases Stake in Amplify Cybersecurity ETF $HACK

HighTower Advisors LLC grew its holdings in shares of Amplify Cybersecurity ETF (NYSEARCA:HACK) by 9.4% during the 3rd quarter, HoldingsChannel reports. The firm owned 339,601 shares of the company’s stock after buying an additional 29,171 shares during the period. HighTower Advisors LLC’s holdings in Amplify Cybersecurity ETF were worth $29,478,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of HACK. Key Financial Inc purchased a new position in shares of Amplify Cybersecurity ETF in the second quarter worth about $27,000. Steigerwald Gordon & Koch Inc. acquired a new stake in Amplify Cybersecurity ETF in the 3rd quarter valued at about $28,000. Evolution Wealth Management Inc. purchased a new position in Amplify Cybersecurity ETF in the 2nd quarter worth approximately $33,000. Motco purchased a new position in Amplify Cybersecurity ETF in the 3rd quarter worth approximately $49,000. Finally, Hantz Financial Services Inc. acquired a new position in shares of Amplify Cybersecurity ETF during the 3rd quarter worth approximately $60,000.

Amplify Cybersecurity ETF Price Performance

HACK stock opened at $76.93 on Thursday. Amplify Cybersecurity ETF has a 1 year low of $61.59 and a 1 year high of $89.59. The firm has a market capitalization of $1.98 billion, a PE ratio of 35.67 and a beta of 0.85. The business has a 50 day simple moving average of $79.43 and a 200-day simple moving average of $83.14.

Amplify Cybersecurity ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were paid a $0.0597 dividend. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.3%.

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.