Raymond James Financial Inc. Makes New $18.52 Million Investment in Amplify Cybersecurity ETF (NYSEARCA:HACK)

Raymond James Financial Inc. purchased a new position in Amplify Cybersecurity ETF (NYSEARCA:HACK) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 248,617 shares of the company’s stock, valued at approximately $18,520,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. RPg Family Wealth Advisory LLC purchased a new stake in shares of Amplify Cybersecurity ETF during the 3rd quarter valued at about $27,000. First Horizon Advisors Inc. purchased a new stake in shares of Amplify Cybersecurity ETF during the 3rd quarter valued at about $31,000. Geneos Wealth Management Inc. purchased a new stake in shares of Amplify Cybersecurity ETF during the 4th quarter valued at about $46,000. Compass Wealth Management LLC purchased a new stake in shares of Amplify Cybersecurity ETF during the 4th quarter valued at about $48,000. Finally, Kentucky Trust Co purchased a new stake in shares of Amplify Cybersecurity ETF during the 4th quarter valued at about $56,000.

Amplify Cybersecurity ETF Stock Up 1.5 %

HACK stock opened at $75.02 on Tuesday. Amplify Cybersecurity ETF has a 52-week low of $58.33 and a 52-week high of $82.83. The stock’s 50 day moving average is $77.41 and its two-hundred day moving average is $73.47. The company has a market capitalization of $2.05 billion, a PE ratio of 30.43 and a beta of 0.86.

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. HACK was launched on Nov 11, 2014 and is managed by ETF Managers Group.