HB Wealth Management LLC Has $1.01 Million Holdings in First Trust Nasdaq Cybersecurity ETF $CIBR

HB Wealth Management LLC decreased its stake in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 29.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,097 shares of the company’s stock after selling 6,580 shares during the period. HB Wealth Management LLC’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $1,009,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in CIBR. Bank of America Corp DE grew its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 91.4% during the third quarter. Bank of America Corp DE now owns 14,860,424 shares of the company’s stock worth $1,129,541,000 after buying an additional 7,097,058 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in First Trust Nasdaq Cybersecurity ETF by 258.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,353,579 shares of the company’s stock valued at $96,713,000 after acquiring an additional 975,735 shares in the last quarter. LPL Financial LLC lifted its stake in First Trust Nasdaq Cybersecurity ETF by 8.0% in the 4th quarter. LPL Financial LLC now owns 5,810,145 shares of the company’s stock valued at $415,135,000 after acquiring an additional 430,986 shares in the last quarter. Wells Fargo & Company MN boosted its position in First Trust Nasdaq Cybersecurity ETF by 9.7% during the 4th quarter. Wells Fargo & Company MN now owns 4,708,419 shares of the company’s stock worth $336,417,000 after acquiring an additional 417,396 shares during the last quarter. Finally, Morgan Stanley boosted its position in First Trust Nasdaq Cybersecurity ETF by 3.0% during the 4th quarter. Morgan Stanley now owns 13,557,064 shares of the company’s stock worth $968,652,000 after acquiring an additional 394,758 shares during the last quarter.

First Trust Nasdaq Cybersecurity ETF Stock Down 0.6%

Shares of CIBR opened at $91.66 on Thursday. The stock has a market capitalization of $14.12 billion, a P/E ratio of 30.11 and a beta of 0.94. First Trust Nasdaq Cybersecurity ETF has a twelve month low of $60.07 and a twelve month high of $94.39. The company has a 50 day moving average of $83.26 and a 200-day moving average of $72.94.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were given a $0.0721 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $0.29 dividend on an annualized basis and a yield of 0.3%.

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.