Enclave Advisors LLC Has $23.56 Million Stock Position in First Trust Nasdaq Cybersecurity ETF $CIBR

Enclave Advisors LLC reduced its stake in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 5.4% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 329,755 shares of the company’s stock after selling 18,974 shares during the period. First Trust Nasdaq Cybersecurity ETF makes up about 3.3% of Enclave Advisors LLC’s holdings, making the stock its 8th largest holding. Enclave Advisors LLC’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $23,561,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of CIBR. Colonial Trust Advisors purchased a new position in shares of First Trust Nasdaq Cybersecurity ETF in the second quarter worth $25,000. Salem Investment Counselors Inc. purchased a new position in First Trust Nasdaq Cybersecurity ETF during the third quarter valued at $28,000. Hollencrest Capital Management purchased a new position in First Trust Nasdaq Cybersecurity ETF during the second quarter valued at $29,000. Ransom Advisory Ltd bought a new stake in First Trust Nasdaq Cybersecurity ETF in the 4th quarter valued at $29,000. Finally, Elevation Point Wealth Partners LLC bought a new stake in First Trust Nasdaq Cybersecurity ETF in the 2nd quarter valued at $34,000.

First Trust Nasdaq Cybersecurity ETF Stock Down 3.8%

Shares of CIBR stock opened at $60.76 on Friday. The company’s fifty day simple moving average is $66.22 and its two-hundred day simple moving average is $71.75. First Trust Nasdaq Cybersecurity ETF has a 52 week low of $55.02 and a 52 week high of $78.34. The stock has a market cap of $9.33 billion, a P/E ratio of 30.11 and a beta of 0.93.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th will be issued a $0.1098 dividend. This represents a $0.44 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, March 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.