Proactive Wealth Strategies LLC Takes $1.77 Million Position in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR)

Proactive Wealth Strategies LLC purchased a new position in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) during the third quarter, HoldingsChannel.com reports. The institutional investor purchased 29,803 shares of the company’s stock, valued at approximately $1,765,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Ashton Thomas Securities LLC acquired a new position in shares of First Trust Nasdaq Cybersecurity ETF during the 3rd quarter worth $26,000. Fairfield Financial Advisors LTD acquired a new position in shares of First Trust Nasdaq Cybersecurity ETF during the 2nd quarter valued at about $28,000. Signaturefd LLC purchased a new position in shares of First Trust Nasdaq Cybersecurity ETF during the 2nd quarter worth about $37,000. Zions Bancorporation N.A. acquired a new stake in shares of First Trust Nasdaq Cybersecurity ETF in the second quarter worth approximately $39,000. Finally, Eastern Bank acquired a new stake in shares of First Trust Nasdaq Cybersecurity ETF in the third quarter worth approximately $39,000.

First Trust Nasdaq Cybersecurity ETF Stock Up 1.3 %

Shares of NASDAQ CIBR opened at $64.55 on Tuesday. The stock has a market capitalization of $7.27 billion, a PE ratio of 34.35 and a beta of 1.00. The firm has a fifty day moving average of $59.98 and a 200-day moving average of $57.26. First Trust Nasdaq Cybersecurity ETF has a 52-week low of $46.34 and a 52-week high of $64.68.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a $0.0108 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.07%.

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.