Underscoring the potential HACK has to continue cementing its status as a solid satellite tech ETF trade is that Sony and Anthem far from the only marquee companies to suffer a major data breach. Recently, major U.S. companies, such as Home Depot (NYSE: HD), J.P. Morgan Chase (NYSE: JPM) and Target (NYSE: TGT) have been victimized by data breaches, underscoring the importance of products and services provided by the companies featured in HACK. [North Korea Hates This ETF]
Further confirming HACK’s utility as a long idea when cyber security news hits the front page are the Thursday performances by the ETF’s largest holdings. Of HACK’s top 10 holdings, a group that represents nearly 46% of the ETF’s weight, nine are U.S-listed firms and all nine are trading higher at this writing.
PureFunds ISE Cyber Security ETF