MGB Wealth Management LLC Sells 5,856 Shares of Amplify Cybersecurity ETF (NYSEARCA:HACK)

MGB Wealth Management LLC decreased its holdings in shares of Amplify Cybersecurity ETF (NYSEARCA:HACK) by 27.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,374 shares of the company’s stock after selling 5,856 shares during the period. MGB Wealth Management LLC owned about 0.05% of Amplify Cybersecurity ETF worth $1,050,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in HACK. Fairscale Capital LLC bought a new position in shares of Amplify Cybersecurity ETF in the third quarter valued at approximately $494,000. Meridian Wealth Management LLC bought a new position in shares of Amplify Cybersecurity ETF in the third quarter valued at approximately $2,176,000. First Horizon Advisors Inc. bought a new position in shares of Amplify Cybersecurity ETF in the third quarter valued at approximately $31,000. Sather Financial Group Inc bought a new position in shares of Amplify Cybersecurity ETF in the third quarter valued at approximately $382,000. Finally, Valley Wealth Managers Inc. bought a new position in shares of Amplify Cybersecurity ETF in the third quarter valued at approximately $2,564,000.

Amplify Cybersecurity ETF Trading Up 0.5 %

NYSEARCA:HACK opened at $73.60 on Friday. The firm has a 50 day moving average of $70.25 and a 200-day moving average of $65.95. Amplify Cybersecurity ETF has a 1 year low of $55.24 and a 1 year high of $75.92. The stock has a market capitalization of $2.10 billion, a P/E ratio of 32.94 and a beta of 1.41.

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.