Pinnacle Associates Ltd. Purchases 5,210 Shares of First Trust Nasdaq Cybersecurity ETF $CIBR

Pinnacle Associates Ltd. grew its position in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 1.5% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 346,230 shares of the company’s stock after purchasing an additional 5,210 shares during the period. Pinnacle Associates Ltd.’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $35,693,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. HighTower Advisors LLC lifted its holdings in First Trust Nasdaq Cybersecurity ETF by 33.7% in the second quarter. HighTower Advisors LLC now owns 1,052,664 shares of the company’s stock valued at $94,582,000 after acquiring 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 second quarter. RFG Advisory LLC now owns 45,861 shares of the company’s stock worth $4,121,000 after acquiring an additional 8,781 shares during the last quarter. Concurrent Investment Advisors LLC increased its stake in First Trust Nasdaq Cybersecurity ETF by 40.0% during the second quarter. Concurrent Investment Advisors LLC now owns 63,566 shares of the company’s stock worth $5,711,000 after acquiring an additional 18,167 shares during the last quarter. GoalVest Advisory LLC increased its stake in First Trust Nasdaq Cybersecurity ETF by 472.3% during the third quarter. GoalVest Advisory LLC now owns 46,921 shares of the company’s stock worth $4,837,000 after acquiring an additional 38,722 shares during the last quarter. Finally, Silverleafe Capital Partners LLC raised its position in First Trust Nasdaq Cybersecurity ETF by 876.0% in the third quarter. Silverleafe Capital Partners LLC now owns 39,332 shares of the company’s stock valued at $4,055,000 after purchasing an additional 35,302 shares during the period.

First Trust Nasdaq Cybersecurity ETF Stock Up 0.5%

NASDAQ:CIBR opened at $100.40 on Wednesday. First Trust Nasdaq Cybersecurity ETF has a 52 week low of $60.07 and a 52 week high of $110.68. The stock’s fifty day moving average is $100.04 and its two-hundred day moving average is $88.53. The company has a market capitalization of $17.49 billion, a P/E ratio of 30.11 and a beta of 0.93.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

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

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.