Overview of HACK
The PureFunds ISE Cyber Security ETF (HACK) tracks a market-cap-weighted portfolio of US cybersecurity companies. It tracks the performance of 32 publicly listed companies in the US cybersecurity sector.
HACK’s market capitalization is $1.10 billion with an expense ratio of 0.75% and average daily volume of shares traded at $22.53 million. Its price-to-earnings ratio is 174.36x, whereas its price-to-book ratio stands at 4.27x.
HACK’s top five holdings include Fortinet (FTNT) at 4.98%, Proofpoint (PFPT) at 15.58%, Palo Alto Networks (PANW) at 4.54%, Science Applications at 4.52%, and Juniper Networks (JNPR) at 4.42%. These make up more than 34% of the total portfolio.
Fund flows in HACK
In the trailing one month, fund outflows for the PureFunds ISE Cyber Security ETF (HACK) were $26.90 million. Since HACK’s inception in November 2014, net fund inflows stand at $1.275 billion. Fund flows in the trailing three months for HACK is $155.07 million. Since August 3, 2015, HACK has been trading consistently below its moving averages. Since then, HACK outflows have been -$97.08 million.
HACK has generated investor returns of 4.04% since its inception and 1.91% in the trailing one-month period. In comparison, HACK generated returns of 0.45% year-to-date and -18.87% in the last three months. We can see that fund flows are directly related to ETF returns.
On September 25, 2015, HACK closed the trading day at $26.21. Based on this figure, here’s how the stock fares in terms of its moving averages:
- 12.29% below its 100-day moving average of $29.88
- 8.36% below its 50-day moving average of $28.60
- 2.45% below its 20-day moving average of $26.87
Relative Strength Index
HACK’s 14-day RSI (Relative Strength Index) is 35.41, which shows that the ETF is slightly oversold. Generally, if the RSI is above 70, it indicates the stock is overbought. An RSI figure below 30 suggests that a stock has been oversold.