ETF Trends
ETF Trends

I do the “ETF of the Week” for MarketWatch every Thursday on Chuck Jaffe’s MoneyLife Show where I highlight big movers and disappointments among exchange traded funds.

Aside from our normal broadcast, I recently had a chance to take a closer look at the cyber security sector and the relatively new PureFunds ISE Cyber Security ETF (NYSEArca: HACK). We have all heard about some firm that has been hacked, and as we become more interconnected, there is a growing need for greater cyber security.

For instance, Vasco Data Security (NasdaqGS: VDSI) benefited from increased spending on web security to defend against attacks, reports Ed Carson for Investor’s Business Daily. The security company crushed Wall Street forecasts by 180% in the third quarter, with EPS growth of 167%. VDSI makes up 8.8% of HACK.

Click here to listen to the podcast.

To access previous podcasts, take a look at our podcasts category.

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.