Confluence Investment Management LLC Has $3.55 Million Stock Holdings in Amplify Cybersecurity ETF (NYSEARCA:HACK)

Confluence Investment Management LLC grew its holdings in Amplify Cybersecurity ETF (NYSEARCA:HACK) by 11.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 54,787 shares of the company’s stock after purchasing an additional 5,635 shares during the quarter. Confluence Investment Management LLC owned about 0.19% of Amplify Cybersecurity ETF worth $3,546,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Salem Investment Counselors Inc. raised its stake in Amplify Cybersecurity ETF by 300.0% during the 1st quarter. Salem Investment Counselors Inc. now owns 400 shares of the company’s stock worth $26,000 after buying an additional 300 shares during the period. Crewe Advisors LLC acquired a new position in Amplify Cybersecurity ETF during the 1st quarter worth approximately $46,000. Glassman Wealth Services acquired a new position in Amplify Cybersecurity ETF during the 1st quarter worth approximately $55,000. PFS Partners LLC acquired a new position in Amplify Cybersecurity ETF during the 1st quarter worth approximately $61,000. Finally, Able Wealth Management LLC acquired a new position in Amplify Cybersecurity ETF during the 4th quarter worth approximately $61,000.

Amplify Cybersecurity ETF Trading Down 1.4 %

HACK stock traded down $0.85 during trading on Friday, reaching $61.32. 130,743 shares of the stock were exchanged, compared to its average volume of 128,287. The firm’s 50 day moving average is $63.17 and its 200 day moving average is $63.24. Amplify Cybersecurity ETF has a twelve month low of $48.70 and a twelve month high of $67.49. The firm has a market cap of $1.75 billion, a P/E ratio of 32.94 and a beta of 1.41.

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.