PureFunds ISE Cyber Security ETF (NYSEArca: HACK)
February performance: Up 15.1%
Comment: HACK is just four months old, so identifying the most memorable month in the ETF’s short lifespan is not difficult. February is most certainly that month. Sure, the 15.1% gain is enough to make 99% of the other ETFs out there green with envy, but there were legitimate catalysts propelling HACK to an almost daily series of new highs this month.
President Obama’s first ever cyber security summit, the Anthem hack and more data supporting increased cyber security spending were among the catalysts lifting HACK in February. HACK was a $100 million ETF on Jan. 6. Six weeks, it topped $231 million in assets. [Volume Surges in Cyber Security ETF]