Concorde Asset Management LLC Lowers Holdings in First Trust Nasdaq Cybersecurity ETF $CIBR

Concorde Asset Management LLC lowered its holdings in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 35.6% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 47,900 shares of the company’s stock after selling 26,510 shares during the period. First Trust Nasdaq Cybersecurity ETF makes up 1.5% of Concorde Asset Management LLC’s holdings, making the stock its 19th biggest holding. Concorde Asset Management LLC’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $3,002,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. eCIO Inc. acquired a new stake in First Trust Nasdaq Cybersecurity ETF during the 4th quarter worth approximately $25,000. Nemes Rush Group LLC grew its stake in shares of First Trust Nasdaq Cybersecurity ETF by 94.1% in the fourth quarter. Nemes Rush Group LLC now owns 359 shares of the company’s stock worth $26,000 after acquiring an additional 174 shares in the last quarter. Gilpin Wealth Management LLC acquired a new position in shares of First Trust Nasdaq Cybersecurity ETF in the fourth quarter worth $28,000. Truvestments Capital LLC purchased a new stake in shares of First Trust Nasdaq Cybersecurity ETF during the fourth quarter worth $29,000. Finally, Tucker Asset Management LLC purchased a new stake in shares of First Trust Nasdaq Cybersecurity ETF during the fourth quarter worth $34,000.

First Trust Nasdaq Cybersecurity ETF Trading Up 2.0%

Shares of NASDAQ CIBR opened at $91.83 on Friday. The stock has a market cap of $14.39 billion, a P/E ratio of 30.11 and a beta of 0.94. First Trust Nasdaq Cybersecurity ETF has a 12-month low of $60.07 and a 12-month high of $95.96. The business’s fifty day simple moving average is $88.51 and its 200-day simple moving average is $75.14.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The business also recently declared 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. The ex-dividend date was Thursday, June 25th. This represents a $0.29 annualized dividend and a 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.