First Trust Nasdaq Cybersecurity ETF $CIBR Shares Sold by Avestar Capital LLC

Avestar Capital LLC decreased its holdings in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 6.9% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 116,764 shares of the company’s stock after selling 8,607 shares during the period. First Trust Nasdaq Cybersecurity ETF makes up approximately 0.6% of Avestar Capital LLC’s investment portfolio, making the stock its 26th largest holding. Avestar Capital LLC owned 0.08% of First Trust Nasdaq Cybersecurity ETF worth $8,875,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of CIBR. Synergy Investment Management LLC grew its position in First Trust Nasdaq Cybersecurity ETF by 5.6% during the 3rd quarter. Synergy Investment Management LLC now owns 2,852 shares of the company’s stock worth $217,000 after purchasing an additional 150 shares during the last quarter. NewEdge Wealth LLC lifted its stake in shares of First Trust Nasdaq Cybersecurity ETF by 51.0% during the third quarter. NewEdge Wealth LLC now owns 4,303 shares of the company’s stock worth $325,000 after buying an additional 1,453 shares during the period. Essex Financial Services Inc. lifted its stake in shares of First Trust Nasdaq Cybersecurity ETF by 25.0% during the third quarter. Essex Financial Services Inc. now owns 26,881 shares of the company’s stock worth $2,043,000 after buying an additional 5,377 shares during the period. Condor Capital Management purchased a new stake in shares of First Trust Nasdaq Cybersecurity ETF during the third quarter valued at $1,703,000. Finally, Axxcess Wealth Management LLC increased its position in shares of First Trust Nasdaq Cybersecurity ETF by 4.3% in the 3rd quarter. Axxcess Wealth Management LLC now owns 682,151 shares of the company’s stock valued at $51,850,000 after acquiring an additional 28,274 shares during the period.

First Trust Nasdaq Cybersecurity ETF Price Performance

Shares of CIBR stock opened at $65.93 on Thursday. The business has a fifty day moving average of $70.76 and a 200 day moving average of $73.29. First Trust Nasdaq Cybersecurity ETF has a 1 year low of $55.02 and a 1 year high of $78.34. The firm has a market capitalization of $10.12 billion, a price-to-earnings ratio of 30.11 and a beta of 0.93.

First Trust Nasdaq Cybersecurity ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were issued a dividend of $0.2084 per share. This represents a $0.83 dividend on an annualized basis and a dividend yield of 1.3%. This is a positive change from First Trust Nasdaq Cybersecurity ETF’s previous quarterly dividend of $0.00. The ex-dividend date of this dividend was Friday, December 12th.

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.