Prism Advisors Inc. Makes New Investment in First Trust Nasdaq Cybersecurity ETF $CIBR

Prism Advisors Inc. acquired a new stake in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 30,761 shares of the company’s stock, valued at approximately $3,267,000. First Trust Nasdaq Cybersecurity ETF comprises 0.8% of Prism Advisors Inc.’s investment portfolio, making the stock its 29th largest holding.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. HighTower Advisors LLC raised its position in shares of First Trust Nasdaq Cybersecurity ETF by 33.7% in the 2nd quarter. HighTower Advisors LLC now owns 1,052,664 shares of the company’s stock valued at $94,582,000 after purchasing an additional 265,279 shares during the last quarter. RFG Advisory LLC increased its stake in First Trust Nasdaq Cybersecurity ETF by 23.7% during the 2nd quarter. RFG Advisory LLC now owns 45,861 shares of the company’s stock valued at $4,121,000 after purchasing an additional 8,781 shares in the last quarter. Concurrent Investment Advisors LLC raised its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 40.0% in the second quarter. Concurrent Investment Advisors LLC now owns 63,566 shares of the company’s stock worth $5,711,000 after buying an additional 18,167 shares during the last quarter. Sava Penzisko Drushtvo A.D. Skopje purchased a new position in shares of First Trust Nasdaq Cybersecurity ETF in the fourth quarter worth $13,918,000. Finally, Compass Financial Management LLC purchased a new position in shares of First Trust Nasdaq Cybersecurity ETF in the second quarter worth $1,391,000.

First Trust Nasdaq Cybersecurity ETF Trading Up 3.6%

NASDAQ:CIBR opened at $110.00 on Friday. The company has a market capitalization of $19.10 billion, a P/E ratio of 30.11 and a beta of 0.93. First Trust Nasdaq Cybersecurity ETF has a 12 month low of $60.07 and a 12 month high of $110.13. The firm has a fifty day simple moving average of $99.29 and a 200-day simple moving average of $86.38.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were given a dividend of $0.0029 per share. The ex-dividend date of this dividend was Thursday, September 24th. This represents a $0.01 dividend on an annualized basis and a yield of 0.0%. This is a decrease from First Trust Nasdaq Cybersecurity ETF’s previous quarterly dividend of $0.0721.

First Trust Nasdaq Cybersecurity ETF Company 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.