Get more expert commentary and daily trading ideas with our Benzinga Professional news and data platform. Find out how you can get exclusive, member-only access today with this deal. HACK, CIBR - This Cybersecurity ETF Is Chocked Full Of Takeover Targets The PureFunds ISE Cyber Security ETF HACK 2.13% has garnered rock star status and become one of the best-performing technology exchange traded funds due in large part to the positive impact negative cybersecurity news has on HACK and its 32 holdings. Although HACK and cybersecurity stocks have dithered in recent weeks, there is another looming catalyst with the potential to drive the cybersecurity higher: Mergers and acquisitions activity. Takeover activity as a possible catalyst for HACK and its components makes sense. Consider this: At the end of the second quarter, the average market value of the ETF's holdings was $8.4 billion and the weighted average of market capitalization of HACK member firms was $9.9 billion, according to PureFunds data. Said another way, cash-rich technology companies such as Dow component Cisco Systems Inc. CSCO 0.7%, a top 10 holding in HACK, that are looking to bolster their... More