U.S. Capital Wealth Advisors LLC Decreases Stock Holdings in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR)

U.S. Capital Wealth Advisors LLC cut its stake in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 20.8% in the third quarter, HoldingsChannel reports. The institutional investor owned 95,177 shares of the company’s stock after selling 25,055 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $5,637,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Kingswood Wealth Advisors LLC purchased a new position in First Trust Nasdaq Cybersecurity ETF in the 1st quarter valued at approximately $399,000. CIC Wealth LLC acquired a new stake in First Trust Nasdaq Cybersecurity ETF in the first quarter valued at $324,000. Brookstone Capital Management purchased a new position in shares of First Trust Nasdaq Cybersecurity ETF in the first quarter valued at $240,000. Wealthcare Advisory Partners LLC raised its stake in shares of First Trust Nasdaq Cybersecurity ETF by 10.3% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 35,323 shares of the company’s stock worth $1,992,000 after buying an additional 3,298 shares during the last quarter. Finally, WealthCare Investment Partners LLC boosted its position in shares of First Trust Nasdaq Cybersecurity ETF by 9.2% in the 1st quarter. WealthCare Investment Partners LLC now owns 57,713 shares of the company’s stock worth $3,254,000 after buying an additional 4,853 shares in the last quarter.

First Trust Nasdaq Cybersecurity ETF Stock Performance

NASDAQ:CIBR traded down $0.63 during mid-day trading on Wednesday, hitting $61.22. 108,551 shares of the company’s stock traded hands, compared to its average volume of 650,190. The company has a market cap of $6.88 billion, a PE ratio of 34.35 and a beta of 1.00. The firm’s 50 day simple moving average is $59.13 and its 200 day simple moving average is $56.53. First Trust Nasdaq Cybersecurity ETF has a 1 year low of $43.51 and a 1 year high of $62.94.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a dividend of $0.0108 per share. 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.