Pinnacle Wealth Management Advisory Group LLC Trims Stock Position in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR)

Pinnacle Wealth Management Advisory Group LLC lessened its holdings in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 0.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 88,871 shares of the company’s stock after selling 296 shares during the period. Pinnacle Wealth Management Advisory Group LLC’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $4,785,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in CIBR. Cullen Frost Bankers Inc. purchased a new position in First Trust Nasdaq Cybersecurity ETF in the fourth quarter valued at $26,000. Apollon Wealth Management LLC purchased a new position in shares of First Trust Nasdaq Cybersecurity ETF in the fourth quarter worth about $346,000. Private Advisor Group LLC increased its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 0.9% in the fourth quarter. Private Advisor Group LLC now owns 316,765 shares of the company’s stock valued at $17,055,000 after purchasing an additional 2,925 shares during the last quarter. Wealthcare Advisory Partners LLC raised its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 2.9% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 32,025 shares of the company’s stock worth $1,724,000 after acquiring an additional 889 shares during the period. Finally, Merit Financial Group LLC raised its stake in First Trust Nasdaq Cybersecurity ETF by 11.7% during the fourth quarter. Merit Financial Group LLC now owns 7,605 shares of the company’s stock worth $409,000 after purchasing an additional 795 shares during the period.

First Trust Nasdaq Cybersecurity ETF Price Performance

Shares of CIBR stock traded down $0.11 during trading on Thursday, hitting $54.32. 200,165 shares of the stock traded hands, compared to its average volume of 760,400. The firm has a market capitalization of $6.31 billion, a P/E ratio of 34.35 and a beta of 1.00. The firm’s fifty day moving average price is $55.59 and its 200-day moving average price is $53.43. First Trust Nasdaq Cybersecurity ETF has a 52-week low of $40.11 and a 52-week high of $59.33.

First Trust Nasdaq Cybersecurity ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were given a dividend of $0.0237 per share. This represents a $0.09 annualized dividend and a dividend yield of 0.17%. The ex-dividend date of this dividend was Thursday, March 21st.

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.