Procyon Advisors LLC Raises Position in First Trust Nasdaq Cybersecurity ETF $CIBR

Procyon Advisors LLC boosted its stake in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 5.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 162,856 shares of the company’s stock after purchasing an additional 8,554 shares during the quarter. Procyon Advisors LLC’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $12,378,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Colonial Trust Advisors purchased a new stake in shares of First Trust Nasdaq Cybersecurity ETF during the second quarter worth approximately $25,000. BankPlus Trust Department purchased a new stake in First Trust Nasdaq Cybersecurity ETF during the second quarter worth approximately $26,000. Salem Investment Counselors Inc. acquired a new position in First Trust Nasdaq Cybersecurity ETF in the third quarter valued at approximately $28,000. Hollencrest Capital Management purchased a new position in First Trust Nasdaq Cybersecurity ETF in the second quarter valued at approximately $29,000. Finally, Elevation Point Wealth Partners LLC acquired a new stake in First Trust Nasdaq Cybersecurity ETF during the second quarter worth approximately $34,000.

First Trust Nasdaq Cybersecurity ETF Stock Down 0.3%

CIBR opened at $72.42 on Thursday. The firm has a market cap of $10.87 billion, a price-to-earnings ratio of 30.11 and a beta of 0.93. First Trust Nasdaq Cybersecurity ETF has a 52 week low of $55.02 and a 52 week high of $78.34. The business’s 50 day moving average is $73.41 and its two-hundred day moving average is $74.25.

First Trust Nasdaq Cybersecurity ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were given a dividend of $0.2084 per share. This represents a $0.83 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Friday, December 12th. This is a positive change 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.