During this age and time, one of the recurring themes we are finding ourselves in is cyber security. Almost everyday, we hear of instances of hacking. End of last year, I went searching for companies that are involved in protecting digital information assets.
HACK was an ETF I had found which contained many companies worldwide in the business of cyber security. I invested some money on the ETF and soon enough had to pull out as the ETF price rose. Just recently I looked into the price and it is now around $31 and change, where as at the end of last year when I had bought the stock, it held around $25.
Though this ETF has had a strong run, I would definitely keep my eyes on it, this is a sector that has many years to run, as time passes there will be more and more need for sophisticated solutions.
Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
Additional disclosure: Once owned this stock, however currently have not owned it for months. May initiate a position in the future.