Stegent Equity Advisors Inc. Decreases Stock Holdings in First Trust Nasdaq Cybersecurity ETF $CIBR

Stegent Equity Advisors Inc. decreased its stake in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 72.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,271 shares of the company’s stock after selling 16,896 shares during the period. Stegent Equity Advisors Inc.’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $393,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Russell Investments Group Ltd. lifted its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 30.9% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,185 shares of the company’s stock valued at $90,000 after buying an additional 280 shares during the period. Brown Advisory Inc. grew its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 37.6% in the second quarter. Brown Advisory Inc. now owns 4,563 shares of the company’s stock worth $345,000 after acquiring an additional 1,246 shares during the period. Cerity Partners LLC grew its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 38.9% in the second quarter. Cerity Partners LLC now owns 15,351 shares of the company’s stock worth $1,160,000 after acquiring an additional 4,302 shares during the period. Qube Research & Technologies Ltd increased its position in First Trust Nasdaq Cybersecurity ETF by 235.1% during the second quarter. Qube Research & Technologies Ltd now owns 160,290 shares of the company’s stock valued at $12,115,000 after acquiring an additional 112,459 shares during the last quarter. Finally, The Manufacturers Life Insurance Company purchased a new stake in First Trust Nasdaq Cybersecurity ETF during the second quarter valued at $332,000.

First Trust Nasdaq Cybersecurity ETF Stock Performance

CIBR stock opened at $91.11 on Thursday. The company has a market cap of $13.80 billion, a price-to-earnings ratio of 30.11 and a beta of 0.94. The business’s 50-day moving average is $80.87 and its two-hundred day moving average is $72.27. First Trust Nasdaq Cybersecurity ETF has a fifty-two week low of $60.07 and a fifty-two week high of $94.39.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The firm 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. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $0.29 annualized dividend and a dividend yield of 0.3%.

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.