Wealthfront Advisers LLC Buys 5,877 Shares of First Trust Nasdaq Cybersecurity ETF $CIBR

Wealthfront Advisers LLC raised its stake in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 11.1% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 58,725 shares of the company’s stock after buying an additional 5,877 shares during the quarter. Wealthfront Advisers LLC’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $3,681,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Sherman Asset Management Inc. boosted its position in shares of First Trust Nasdaq Cybersecurity ETF by 0.8% in the first quarter. Sherman Asset Management Inc. now owns 37,334 shares of the company’s stock valued at $2,340,000 after acquiring an additional 314 shares during the period. Ethos Financial Group LLC increased its holdings in First Trust Nasdaq Cybersecurity ETF by 29.9% during the 1st quarter. Ethos Financial Group LLC now owns 34,597 shares of the company’s stock worth $2,169,000 after acquiring an additional 7,970 shares during the period. LFA Lugano Financial Advisors SA increased its holdings in First Trust Nasdaq Cybersecurity ETF by 10.2% during the 1st quarter. LFA Lugano Financial Advisors SA now owns 40,680 shares of the company’s stock worth $2,550,000 after acquiring an additional 3,753 shares during the period. Sanctuary Advisors LLC lifted its stake in First Trust Nasdaq Cybersecurity ETF by 0.9% in the 1st quarter. Sanctuary Advisors LLC now owns 131,413 shares of the company’s stock worth $8,237,000 after purchasing an additional 1,231 shares in the last quarter. Finally, Retirement Planning Group LLC lifted its stake in First Trust Nasdaq Cybersecurity ETF by 133.1% in the 1st quarter. Retirement Planning Group LLC now owns 10,062 shares of the company’s stock worth $631,000 after purchasing an additional 5,745 shares in the last quarter.

First Trust Nasdaq Cybersecurity ETF Price Performance

Shares of NASDAQ:CIBR opened at $92.36 on Monday. The firm has a fifty day moving average price of $86.43 and a two-hundred day moving average price of $73.92. The company has a market cap of $14.40 billion, a price-to-earnings 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 $95.96.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

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