Fortune Financial Group Inc. Buys New Position in First Trust Nasdaq Cybersecurity ETF $CIBR

Fortune Financial Group Inc. bought a new stake in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 6,627 shares of the company’s stock, valued at approximately $503,000.

Other hedge funds also recently modified their holdings of the company. eCIO Inc. purchased a new stake in shares of First Trust Nasdaq Cybersecurity ETF in the fourth quarter valued at about $25,000. Nemes Rush Group LLC raised its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 94.1% in the fourth quarter. Nemes Rush Group LLC now owns 359 shares of the company’s stock valued at $26,000 after purchasing an additional 174 shares during the last quarter. Ransom Advisory Ltd purchased a new stake in shares of First Trust Nasdaq Cybersecurity ETF in the fourth quarter valued at about $29,000. Tucker Asset Management LLC purchased a new stake in shares of First Trust Nasdaq Cybersecurity ETF in the fourth quarter valued at about $34,000. Finally, Rossby Financial LCC purchased a new stake in shares of First Trust Nasdaq Cybersecurity ETF in the third quarter valued at about $35,000.

First Trust Nasdaq Cybersecurity ETF Price Performance

Shares of CIBR stock opened at $83.25 on Thursday. The firm has a 50-day moving average of $74.42 and a 200-day moving average of $71.03. The company has a market cap of $12.61 billion, a P/E ratio of 30.11 and a beta of 0.94. First Trust Nasdaq Cybersecurity ETF has a one year low of $60.07 and a one year high of $94.39.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were issued a $0.1098 dividend. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.44 annualized dividend and a dividend yield of 0.5%.

About First Trust Nasdaq Cybersecurity ETF

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.