First Trust Nasdaq Cybersecurity ETF $CIBR Position Cut by Guardian Asset Advisors LLC

Guardian Asset Advisors LLC lessened its holdings in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 29.3% during the 3rd quarter, Holdings Channel reports. The firm owned 17,308 shares of the company’s stock after selling 7,178 shares during the quarter. Guardian Asset Advisors LLC’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $1,784,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. HBK Sorce Advisory LLC grew its position in shares of First Trust Nasdaq Cybersecurity ETF by 0.5% in the second quarter. HBK Sorce Advisory LLC now owns 26,899 shares of the company’s stock valued at $2,625,000 after purchasing an additional 132 shares during the last quarter. Wealthcare Advisory Partners LLC increased its stake in shares of First Trust Nasdaq Cybersecurity ETF by 0.5% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 34,318 shares of the company’s stock worth $3,083,000 after purchasing an additional 154 shares in the last quarter. Gilpin Wealth Management LLC raised its position in shares of First Trust Nasdaq Cybersecurity ETF by 16.5% during the 3rd quarter. Gilpin Wealth Management LLC now owns 1,286 shares of the company’s stock worth $133,000 after purchasing an additional 182 shares during the last quarter. Prosperity Consulting Group LLC raised its position in shares of First Trust Nasdaq Cybersecurity ETF by 0.9% during the 1st quarter. Prosperity Consulting Group LLC now owns 22,618 shares of the company’s stock worth $1,418,000 after purchasing an additional 192 shares during the last quarter. Finally, Walker Asset Management LLC raised its position in shares of First Trust Nasdaq Cybersecurity ETF by 6.4% during the 1st quarter. Walker Asset Management LLC now owns 3,324 shares of the company’s stock worth $208,000 after purchasing an additional 200 shares during the last quarter.

First Trust Nasdaq Cybersecurity ETF Stock Performance

CIBR stock traded down $4.71 on Friday, reaching $98.82. The company had a trading volume of 5,464,099 shares, compared to its average volume of 1,674,117. First Trust Nasdaq Cybersecurity ETF has a 1 year low of $60.07 and a 1 year high of $110.68. The company’s fifty day moving average is $100.04 and its 200 day moving average is $87.82. The company has a market cap of $17.16 billion, a P/E ratio of 30.11 and a beta of 0.93.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were given a dividend of $0.0029 per share. The ex-dividend date of this dividend was Thursday, September 24th. This is a negative change from First Trust Nasdaq Cybersecurity ETF’s previous quarterly dividend of $0.0721. This represents a $0.01 annualized dividend and a yield of 0.0%.

First Trust Nasdaq Cybersecurity ETF Company 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.