Fiduciary Alliance LLC Sells 51,008 Shares of First Trust Nasdaq Cybersecurity ETF $CIBR

Fiduciary Alliance LLC reduced its position in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 92.5% in the first quarter, HoldingsChannel.com reports. The firm owned 4,125 shares of the company’s stock after selling 51,008 shares during the period. Fiduciary Alliance LLC’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $266,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. eCIO Inc. purchased a new position in shares of First Trust Nasdaq Cybersecurity ETF during the 4th quarter valued at $25,000. Nemes Rush Group LLC increased its stake in First Trust Nasdaq Cybersecurity ETF by 94.1% in the 4th quarter. Nemes Rush Group LLC now owns 359 shares of the company’s stock worth $26,000 after buying an additional 174 shares in the last quarter. Gilpin Wealth Management LLC purchased a new stake in First Trust Nasdaq Cybersecurity ETF in the 4th quarter worth $28,000. Ransom Advisory Ltd bought a new stake in First Trust Nasdaq Cybersecurity ETF during the fourth quarter valued at about $29,000. Finally, Truvestments Capital LLC bought a new stake in First Trust Nasdaq Cybersecurity ETF during the fourth quarter valued at about $29,000.

First Trust Nasdaq Cybersecurity ETF Stock Up 2.0%

Shares of First Trust Nasdaq Cybersecurity ETF stock opened at $85.36 on Friday. The company has a market capitalization of $12.93 billion, a price-to-earnings ratio of 30.11 and a beta of 0.94. The stock’s 50-day simple moving average is $79.47 and its 200-day simple moving average is $72.00. First Trust Nasdaq Cybersecurity ETF has a 52 week low of $60.07 and a 52 week high of $94.39.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th will be issued a dividend of $0.0721 per share. This represents a $0.29 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Thursday, June 25th.

First Trust Nasdaq Cybersecurity ETF Company 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.