IAM Advisory LLC Has $5.17 Million Stake in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR)

IAM Advisory LLC reduced its position in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 19.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 91,690 shares of the company’s stock after selling 22,044 shares during the quarter. First Trust Nasdaq Cybersecurity ETF comprises about 1.4% of IAM Advisory LLC’s portfolio, making the stock its 13th largest position. IAM Advisory LLC owned about 0.08% of First Trust Nasdaq Cybersecurity ETF worth $5,173,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Global Assets Advisory LLC bought a new stake in First Trust Nasdaq Cybersecurity ETF during the 1st quarter worth approximately $17,681,000. Cetera Investment Advisers increased its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 327.8% during the first quarter. Cetera Investment Advisers now owns 391,088 shares of the company’s stock valued at $22,053,000 after acquiring an additional 299,667 shares in the last quarter. Kestra Advisory Services LLC increased its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 62.5% during the first quarter. Kestra Advisory Services LLC now owns 564,639 shares of the company’s stock valued at $31,840,000 after acquiring an additional 217,159 shares in the last quarter. Wells Fargo & Company MN raised its position in shares of First Trust Nasdaq Cybersecurity ETF by 12.6% during the fourth quarter. Wells Fargo & Company MN now owns 1,753,636 shares of the company’s stock worth $94,416,000 after purchasing an additional 196,272 shares during the period. Finally, Prudential PLC lifted its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 6.7% in the 4th quarter. Prudential PLC now owns 2,732,301 shares of the company’s stock worth $147,107,000 after purchasing an additional 172,069 shares in the last quarter.

First Trust Nasdaq Cybersecurity ETF Stock Up 1.7 %

CIBR stock traded up $0.94 during midday trading on Friday, reaching $55.33. 528,191 shares of the company’s stock traded hands, compared to its average volume of 678,035. The firm’s fifty day moving average price is $55.45 and its 200-day moving average price is $55.74. First Trust Nasdaq Cybersecurity ETF has a 52 week low of $43.37 and a 52 week high of $59.33. The company has a market cap of $6.55 billion, a price-to-earnings ratio of 34.35 and a beta of 1.00.

First Trust Nasdaq Cybersecurity ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were given a dividend of $0.0662 per share. This represents a $0.26 annualized dividend and a dividend yield of 0.48%. The ex-dividend date was Thursday, June 27th.

About First Trust Nasdaq Cybersecurity ETF

The First Trust NASDAQ Cybersecurity ETF (CIBR) is an exchange-traded fund that is based on the Nasdaq CTA Cybersecurity index. The fund tracks a liquidity-weighted index that targets companies engaged in the cybersecurity industry. CIBR was launched on Jul 7, 2015 and is managed by First Trust.