Assetmark Inc. Buys 11,027 Shares of First Trust Nasdaq Cybersecurity ETF $CIBR

Assetmark Inc. grew its position in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 22.7% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 59,706 shares of the company’s stock after buying an additional 11,027 shares during the period. Assetmark Inc.’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $3,742,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the company. Frisch Financial Group Inc. lifted its position in First Trust Nasdaq Cybersecurity ETF by 2.8% during the 1st quarter. Frisch Financial Group Inc. now owns 94,855 shares of the company’s stock valued at $5,946,000 after purchasing an additional 2,605 shares during the period. Independent Financial Group LLC bought a new stake in First Trust Nasdaq Cybersecurity ETF in the first quarter valued at about $7,031,000. Prosperity Consulting Group LLC increased its holdings in First Trust Nasdaq Cybersecurity ETF by 0.9% in the first quarter. Prosperity Consulting Group LLC now owns 22,618 shares of the company’s stock valued at $1,418,000 after purchasing an additional 192 shares during the last quarter. Gaddis Premier Wealth Advisors LLC lifted its stake in First Trust Nasdaq Cybersecurity ETF by 5.8% in the first quarter. Gaddis Premier Wealth Advisors LLC now owns 67,667 shares of the company’s stock valued at $4,241,000 after buying an additional 3,693 shares during the period. Finally, Rockport Wealth LLC lifted its stake in First Trust Nasdaq Cybersecurity ETF by 29.1% in the first quarter. Rockport Wealth LLC now owns 369,306 shares of the company’s stock valued at $23,161,000 after buying an additional 83,316 shares during the period.

First Trust Nasdaq Cybersecurity ETF Trading Down 1.4%

Shares of CIBR opened at $89.33 on Thursday. The stock has a market cap of $13.93 billion, a P/E ratio of 30.11 and a beta of 0.94. The stock’s 50-day moving average price is $87.34 and its two-hundred day moving average price is $74.32. First Trust Nasdaq Cybersecurity ETF has a 1 year low of $60.07 and a 1 year high of $95.96.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

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