Uniting Wealth Partners LLC Takes $708,000 Position in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR)

Uniting Wealth Partners LLC acquired a new position in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,163 shares of the company’s stock, valued at approximately $708,000.

A number of other hedge funds have also made changes to their positions in CIBR. Raymond James Financial Inc. bought a new position in First Trust Nasdaq Cybersecurity ETF during the fourth quarter worth about $107,833,000. LPL Financial LLC boosted its stake in shares of First Trust Nasdaq Cybersecurity ETF by 10.6% during the 4th quarter. LPL Financial LLC now owns 3,687,276 shares of the company’s stock worth $233,958,000 after buying an additional 353,848 shares during the last quarter. Modern Wealth Management LLC acquired a new position in shares of First Trust Nasdaq Cybersecurity ETF during the 4th quarter worth approximately $14,209,000. JPMorgan Chase & Co. increased its holdings in First Trust Nasdaq Cybersecurity ETF by 16.1% during the fourth quarter. JPMorgan Chase & Co. now owns 1,031,749 shares of the company’s stock worth $65,465,000 after buying an additional 143,400 shares during the last quarter. Finally, National Bank of Canada FI raised its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 238.8% in the 4th quarter. National Bank of Canada FI now owns 114,818 shares of the company’s stock valued at $7,285,000 after purchasing an additional 80,926 shares during the period.

First Trust Nasdaq Cybersecurity ETF Price Performance

CIBR stock opened at $64.45 on Thursday. The company has a fifty day moving average price of $66.87 and a two-hundred day moving average price of $64.10. The stock has a market cap of $8.05 billion, a price-to-earnings ratio of 32.36 and a beta of 0.94. First Trust Nasdaq Cybersecurity ETF has a one year low of $50.52 and a one year high of $71.92.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were given a dividend of $0.0043 per share. This represents a $0.02 dividend on an annualized basis and a yield of 0.03%. The ex-dividend date of this dividend was Thursday, March 27th.

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.