CyberArk Software (CYBR) plans to announce its Q2 results on August 7. Analysts expect CYBR to post revenues of $97.29 million with adjusted EPS of $0.47.
In the trailing 12 months, HACK’s net fund inflows were $971.4 million. Fund flows in the trailing five days and trailing three months were -$17.8 million and -$144.1 million, respectively.
Overview of HACK The Purefunds ISE Cyber Security ETF (HACK) tracks a market-cap weighted portfolio of U.S. cyber security companies. This ETF tracks the performance of 34 publicly listed companies in the US cyber security sector. The market capitalization of the HACK is $1.08 billion with an expense ratio of 0.75% and average daily volume […]
On November 24, Computer Sciences (CSC) confirmed that it had entered into a binding “scheme of implementation” agreement to acquire the shares of UXC.
HACK tracks the performance of 35 publicly listed companies in the US cybersecurity sector. Its market capitalization is $1.11 billion, with an expense ratio of 0.75%.
Fortinet’s tepid guidance for 4Q16 caused a disappointment in the market, and FTNT shares fell steeply. This had a ripple effect on other cybersecurity companies.
The HACK ETF generated investor returns of 3.7% since inception, and -1.4% in the trailing-one-month period. In comparison, it generated returns of -0.57% YTD.
Since HACK’s inception in November 2014, net fund inflows have been $1.3 billion. Its fund flows in the trailing five days and trailing three months were -$5.3 million and $22.1 million, respectively.
IBM is competing with FireEye to acquire CyberArk (CYBR), a company that has shown strong year-over-year growth in revenues, to expand its position in the privileged access management segment.
Recent cybersecurity breaches has fanned paranoia and veered companies towards increased security spending—a major tailwind for US cybersecurity stocks.
XLK and HACK are two ETFs that provide exposure in the technology space, although their portfolios consist of firms in different segments of the IT sector.
The ISE Cyber Security ETF (HACK) has been giving investors substantial return on investments. This ETF tracks the companies involved in the cyber security space.
