Northwestern Mutual Wealth Management Co. Cuts Stake in First Trust Nasdaq Cybersecurity ETF $CIBR

Northwestern Mutual Wealth Management Co. lessened its holdings in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 3.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 438,772 shares of the company’s stock after selling 14,952 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $39,424,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. Nemes Rush Group LLC boosted its stake in First Trust Nasdaq Cybersecurity ETF by 94.1% in the 4th quarter. Nemes Rush Group LLC now owns 359 shares of the company’s stock worth $26,000 after purchasing an additional 174 shares during the period. Gilpin Wealth Management LLC bought a new stake in shares of First Trust Nasdaq Cybersecurity ETF during the fourth quarter valued at approximately $28,000. Truvestments Capital LLC bought a new stake in shares of First Trust Nasdaq Cybersecurity ETF during the fourth quarter valued at approximately $29,000. Ancora Advisors LLC purchased a new position in shares of First Trust Nasdaq Cybersecurity ETF in the third quarter worth $35,000. Finally, Tucker Asset Management LLC purchased a new position in shares of First Trust Nasdaq Cybersecurity ETF in the fourth quarter worth $34,000.

First Trust Nasdaq Cybersecurity ETF Stock Performance

CIBR opened at $96.20 on Wednesday. The stock has a market capitalization of $15.03 billion, a price-to-earnings ratio of 30.11 and a beta of 0.93. The company has a fifty day moving average of $93.36 and a 200 day moving average of $79.41. First Trust Nasdaq Cybersecurity ETF has a fifty-two week low of $60.07 and a fifty-two week high of $102.35.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were issued 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 was Thursday, June 25th.

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.