OLD National Bancorp IN Acquires New Position in First Trust Nasdaq Cybersecurity ETF $CIBR

OLD National Bancorp IN acquired a new stake in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) in the 1st quarter, HoldingsChannel.com reports. The institutional investor acquired 10,579 shares of the company’s stock, valued at approximately $663,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Geneos Wealth Management Inc. increased its position in shares of First Trust Nasdaq Cybersecurity ETF by 0.4% during the fourth quarter. Geneos Wealth Management Inc. now owns 37,986 shares of the company’s stock worth $2,714,000 after acquiring an additional 154 shares during the period. Essex Financial Services Inc. grew its stake in First Trust Nasdaq Cybersecurity ETF by 0.6% in the fourth quarter. Essex Financial Services Inc. now owns 27,041 shares of the company’s stock worth $1,932,000 after purchasing an additional 160 shares in the last quarter. Gotham Asset Management LLC grew its stake in First Trust Nasdaq Cybersecurity ETF by 1.3% in the third quarter. Gotham Asset Management LLC now owns 12,377 shares of the company’s stock worth $941,000 after purchasing an additional 162 shares in the last quarter. Fiduciary Trust Co increased its holdings in First Trust Nasdaq Cybersecurity ETF by 2.5% during the 3rd quarter. Fiduciary Trust Co now owns 6,711 shares of the company’s stock worth $510,000 after purchasing an additional 166 shares during the period. Finally, Belpointe Asset Management LLC increased its holdings in First Trust Nasdaq Cybersecurity ETF by 0.6% during the 4th quarter. Belpointe Asset Management LLC now owns 27,810 shares of the company’s stock worth $1,987,000 after purchasing an additional 169 shares during the period.

First Trust Nasdaq Cybersecurity ETF Trading Up 2.0%

Shares of CIBR stock opened at $85.36 on Friday. The stock has a market capitalization of $12.93 billion, a price-to-earnings ratio of 30.11 and a beta of 0.94. First Trust Nasdaq Cybersecurity ETF has a twelve month low of $60.07 and a twelve month high of $94.39. The stock has a fifty day simple moving average of $79.47 and a two-hundred day simple moving average of $72.00.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

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

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.