Financial Advocates Investment Management Has $1.53 Million Position in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR)

Financial Advocates Investment Management cut its stake in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 2.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 24,075 shares of the company’s stock after selling 606 shares during the quarter. Financial Advocates Investment Management’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $1,528,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. KPP Advisory Services LLC increased its position in First Trust Nasdaq Cybersecurity ETF by 3.9% in the 4th quarter. KPP Advisory Services LLC now owns 6,330 shares of the company’s stock worth $402,000 after purchasing an additional 237 shares during the last quarter. Stratos Wealth Partners LTD. grew its stake in shares of First Trust Nasdaq Cybersecurity ETF by 0.4% in the 4th quarter. Stratos Wealth Partners LTD. now owns 56,338 shares of the company’s stock valued at $3,575,000 after buying an additional 250 shares in the last quarter. Institute for Wealth Management LLC. increased its holdings in First Trust Nasdaq Cybersecurity ETF by 1.1% in the fourth quarter. Institute for Wealth Management LLC. now owns 23,340 shares of the company’s stock worth $1,481,000 after buying an additional 257 shares during the last quarter. Valmark Advisers Inc. raised its position in First Trust Nasdaq Cybersecurity ETF by 5.0% during the third quarter. Valmark Advisers Inc. now owns 5,566 shares of the company’s stock valued at $330,000 after acquiring an additional 263 shares in the last quarter. Finally, Resurgent Financial Advisors LLC lifted its stake in First Trust Nasdaq Cybersecurity ETF by 3.5% in the third quarter. Resurgent Financial Advisors LLC now owns 8,032 shares of the company’s stock valued at $476,000 after acquiring an additional 270 shares during the last quarter.

First Trust Nasdaq Cybersecurity ETF Stock Down 0.6 %

CIBR stock opened at $68.90 on Friday. The firm has a 50 day moving average of $65.04 and a two-hundred day moving average of $61.24. First Trust Nasdaq Cybersecurity ETF has a 12 month low of $50.52 and a 12 month high of $69.42. The company has a market capitalization of $8.17 billion, a price-to-earnings ratio of 34.35 and a beta of 1.00.

First Trust Nasdaq Cybersecurity ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a $0.0812 dividend. The ex-dividend date was Friday, December 13th.

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.