Further confirmation of HACK’s success among traders and investors comes by way of the options market. Options data on the ETF can be deemed “decent,” give the ETF’s age and impressive is the fact that options on the ETF launched just two weeks after the fund debuted.
Mergers and acquisitions activity could be the next catalyst to propel HACK. HACK holding Exelis (NYSE: XLS) is currently a target of Harris Corp. (NYSE: HRS). Palo Alto Networks (NasdaqGS: PANW), HACK’s eighth-largest holding at a weight of 4.3%, has been frequently mentioned as a potential target.
Confirming the strength of HACK and the cyber security investment theme this year is this factoid. Eight of the nine U.S.-listed stocks found among the ETF’s top 10 holdings are up double-digits this year. The worst performer of the nine is Juniper Networks (NasdaqGS: JNPR) with a year-to-date gain of 9.3%.
PureFunds ISE Cyber Security ETF