Crown Wealth Group LLC Lowers Stake in First Trust Nasdaq Cybersecurity ETF $CIBR

Crown Wealth Group LLC decreased its position in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 49.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,289 shares of the company’s stock after selling 16,799 shares during the quarter. Crown Wealth Group LLC’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $1,084,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of America Corp DE grew its stake in shares of First Trust Nasdaq Cybersecurity ETF by 91.4% in the third quarter. Bank of America Corp DE now owns 14,860,424 shares of the company’s stock valued at $1,129,541,000 after buying an additional 7,097,058 shares in the last quarter. Morgan Stanley raised its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 3.0% in the 4th quarter. Morgan Stanley now owns 13,557,064 shares of the company’s stock valued at $968,652,000 after buying an additional 394,758 shares during the period. LPL Financial LLC lifted its stake in First Trust Nasdaq Cybersecurity ETF by 8.0% during the 4th quarter. LPL Financial LLC now owns 5,810,145 shares of the company’s stock worth $415,135,000 after acquiring an additional 430,986 shares in the last quarter. UBS Group AG lifted its stake in First Trust Nasdaq Cybersecurity ETF by 0.7% during the 3rd quarter. UBS Group AG now owns 5,603,139 shares of the company’s stock worth $425,895,000 after acquiring an additional 38,404 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its holdings 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 valued at $336,417,000 after acquiring an additional 417,396 shares during the period.

First Trust Nasdaq Cybersecurity ETF Price Performance

Shares of First Trust Nasdaq Cybersecurity ETF stock opened at $85.36 on Friday. The stock has a market capitalization of $12.93 billion, a price-to-earnings ratio of 30.11 and a beta of 0.94. The business has a 50-day moving average of $79.47 and a 200 day moving average of $72.00. First Trust Nasdaq Cybersecurity ETF has a 12 month low of $60.07 and a 12 month high of $94.39.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th will be given a dividend of $0.0721 per share. This represents a $0.29 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Thursday, June 25th.

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.