Private Wealth Asset Management LLC Has $3.05 Million Position in First Trust Nasdaq Cybersecurity ETF $CIBR

Private Wealth Asset Management LLC increased its position in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 67.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 42,678 shares of the company’s stock after buying an additional 17,227 shares during the period. Private Wealth Asset Management LLC’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $3,049,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in CIBR. Bank of America Corp DE increased its holdings in 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 worth $1,129,541,000 after buying an additional 7,097,058 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in First Trust Nasdaq Cybersecurity ETF by 258.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,353,579 shares of the company’s stock worth $96,713,000 after buying an additional 975,735 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in First Trust Nasdaq Cybersecurity ETF by 20.0% in the third quarter. Ameriprise Financial Inc. now owns 1,661,705 shares of the company’s stock worth $126,267,000 after buying an additional 276,850 shares during the last quarter. Raymond James Financial Inc. increased its holdings in First Trust Nasdaq Cybersecurity ETF by 10.3% in the third quarter. Raymond James Financial Inc. now owns 2,253,927 shares of the company’s stock worth $171,321,000 after buying an additional 210,447 shares during the last quarter. Finally, Legacy Edge Advisors LLC acquired a new position in First Trust Nasdaq Cybersecurity ETF in the fourth quarter worth approximately $13,076,000.

First Trust Nasdaq Cybersecurity ETF Stock Performance

NASDAQ:CIBR opened at $91.67 on Thursday. The stock’s 50 day moving average price is $72.02 and its 200 day moving average price is $70.58. First Trust Nasdaq Cybersecurity ETF has a 52 week low of $60.07 and a 52 week high of $94.39. The company has a market capitalization of $13.89 billion, a P/E ratio of 30.11 and a beta of 0.94.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

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

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.