Financial Advocates Investment Management Increases Stock Position in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR)

Financial Advocates Investment Management increased its position in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 1.3% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 24,681 shares of the company’s stock after acquiring an additional 320 shares during the period. Financial Advocates Investment Management’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $1,462,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in CIBR. Cetera Investment Advisers raised its holdings in First Trust Nasdaq Cybersecurity ETF by 327.8% in the 1st quarter. Cetera Investment Advisers now owns 391,088 shares of the company’s stock worth $22,053,000 after acquiring an additional 299,667 shares during the last quarter. Kestra Advisory Services LLC raised its stake in First Trust Nasdaq Cybersecurity ETF by 62.5% during the 1st quarter. Kestra Advisory Services LLC now owns 564,639 shares of the company’s stock valued at $31,840,000 after buying an additional 217,159 shares during the last quarter. Marks Wealth LLC purchased a new stake in First Trust Nasdaq Cybersecurity ETF during the 2nd quarter valued at $11,378,000. Sanctuary Advisors LLC purchased a new stake in First Trust Nasdaq Cybersecurity ETF during the 2nd quarter valued at $6,102,000. Finally, Private Advisor Group LLC raised its stake in First Trust Nasdaq Cybersecurity ETF by 31.3% during the 2nd quarter. Private Advisor Group LLC now owns 397,768 shares of the company’s stock valued at $22,442,000 after buying an additional 94,832 shares during the last quarter.

First Trust Nasdaq Cybersecurity ETF Trading Down 1.7 %

Shares of CIBR opened at $60.13 on Friday. The firm has a market cap of $6.78 billion, a PE ratio of 34.35 and a beta of 1.00. The firm has a fifty day simple moving average of $59.52 and a two-hundred day simple moving average of $56.78. First Trust Nasdaq Cybersecurity ETF has a 1-year low of $43.86 and a 1-year high of $62.94.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a dividend of $0.0108 per share. The ex-dividend date was Thursday, September 26th. This represents a $0.04 dividend on an annualized basis and a yield of 0.07%.

First Trust Nasdaq Cybersecurity ETF Profile

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.