HACK - ETFMG Prime Cyber Security ETF: Tracking The 'Antivirus' Sector In The Pandemic
Successful investing is about managing risk, not avoiding it. – Benjamin Graham
The rally in the technology sector has raised concerns among a few investors. The S&P 500 Informational Technology is already 50% up from its 52-week low, and many ETFs in the technology sector have also recovered.
Source: S&P
Many of the shares in the Technology space have managed to reach their pre-COVID-19 levels, and level that was already considered overvalued by many metrics. ETFMG Prime Cyber Security ETF (HACK), too, has established an uptrend since March. The ETF invests in companies