Focus On Cyber Security ETF: HACK

Exchange Traded Funds Can Help Investors Ride the Volatility

Many busy investors enjoy using ETFs rather than trying to pick individual stocks, especially when it comes to a long term perspective for an industry that is experiencing high growth. Individual stocks can be very volatile and one way to get involved is to buy a basket of stocks in a hot industry via an ETF. 

The cyber security industry is booming. Cyber attacks are on the rise and computer criminals, or hackers, are growing bolder and more organized.  Many high growth cyber security firms have come public in the last few years and many more are gearing up for their IPO.  

The PureFunds ISE Cyber Security ETF, HACK, is a convenient way for busy investors  to participate in this industry with a little less volatility. The fund has been trading for about six months and represents about 30 companies that focus on infrastructure, software and hardware, as well as companies that offer consulting and monitoring of cyber risks.  

HACK started trading around $25 a share in November and only briefly dipped below this threshold. The fund is currently trading in the $28 range with an all time high just under $30. While not all companies who serve this market will be successful, this industry is here to stay.