Avestar Capital LLC Trims Stock Position in First Trust Nasdaq Cybersecurity ETF $CIBR

Avestar Capital LLC trimmed its holdings in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 6.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 116,764 shares of the company’s stock after selling 8,607 shares during the quarter. First Trust Nasdaq Cybersecurity ETF accounts for approximately 0.6% of Avestar Capital LLC’s investment portfolio, making the stock its 26th biggest holding. Avestar Capital LLC’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $8,875,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. Colonial Trust Advisors acquired a new stake in First Trust Nasdaq Cybersecurity ETF during the second quarter worth about $25,000. Salem Investment Counselors Inc. purchased a new stake in First Trust Nasdaq Cybersecurity ETF in the 3rd quarter worth approximately $28,000. Hollencrest Capital Management acquired a new stake in shares of First Trust Nasdaq Cybersecurity ETF during the 2nd quarter worth approximately $29,000. Elevation Point Wealth Partners LLC purchased a new position in shares of First Trust Nasdaq Cybersecurity ETF during the 2nd quarter valued at approximately $34,000. Finally, Avalon Trust Co acquired a new position in shares of First Trust Nasdaq Cybersecurity ETF in the 2nd quarter valued at $36,000.

First Trust Nasdaq Cybersecurity ETF Stock Performance

Shares of NASDAQ CIBR opened at $65.93 on Thursday. The company has a market capitalization of $10.12 billion, a PE ratio of 30.11 and a beta of 0.93. The company’s fifty day moving average price is $70.76 and its 200 day moving average price is $73.29. First Trust Nasdaq Cybersecurity ETF has a 1 year low of $55.02 and a 1 year high of $78.34.

First Trust Nasdaq Cybersecurity ETF Increases Dividend

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

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.