Pinnacle Family Advisors LLC Takes $409,000 Position in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR)

Pinnacle Family Advisors LLC acquired a new stake in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) in the 3rd quarter, Holdings Channel.com reports. The institutional investor acquired 6,899 shares of the company’s stock, valued at approximately $409,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Axxcess Wealth Management LLC boosted its position in First Trust Nasdaq Cybersecurity ETF by 8,717.8% in the third quarter. Axxcess Wealth Management LLC now owns 547,583 shares of the company’s stock worth $32,433,000 after purchasing an additional 541,373 shares during the last quarter. Marks Wealth LLC purchased a new position in shares of First Trust Nasdaq Cybersecurity ETF in the second quarter worth approximately $11,378,000. LPL Financial LLC grew its position in First Trust Nasdaq Cybersecurity ETF by 5.4% during the third quarter. LPL Financial LLC now owns 3,333,428 shares of the company’s stock valued at $197,439,000 after buying an additional 171,297 shares during the period. PNC Financial Services Group Inc. increased its holdings in First Trust Nasdaq Cybersecurity ETF by 125.8% during the third quarter. PNC Financial Services Group Inc. now owns 265,637 shares of the company’s stock valued at $15,734,000 after buying an additional 148,000 shares during the last quarter. Finally, Benjamin Edwards Inc. bought a new position in First Trust Nasdaq Cybersecurity ETF in the third quarter worth approximately $7,389,000.

First Trust Nasdaq Cybersecurity ETF Price Performance

Shares of First Trust Nasdaq Cybersecurity ETF stock opened at $63.85 on Wednesday. First Trust Nasdaq Cybersecurity ETF has a 1-year low of $50.07 and a 1-year high of $65.29. The company’s fifty day simple moving average is $61.73 and its 200-day simple moving average is $58.20. The stock has a market capitalization of $7.20 billion, a PE ratio of 34.35 and a beta of 1.00.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a dividend of $0.0108 per share. This represents a $0.04 annualized dividend and a yield of 0.07%. The ex-dividend date of this dividend was Thursday, September 26th.

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.