Genesis Financial Group LLC Purchases New Position in First Trust Nasdaq Cybersecurity ETF $CIBR

Genesis Financial Group LLC purchased a new stake in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) in the 4th quarter, Holdings Channel.com reports. The firm purchased 30,040 shares of the company’s stock, valued at approximately $2,146,000. First Trust Nasdaq Cybersecurity ETF makes up approximately 1.2% of Genesis Financial Group LLC’s investment portfolio, making the stock its 23rd biggest holding.

A number of other large investors have also added to or reduced their stakes in the company. Walker Asset Management LLC purchased a new position in shares of First Trust Nasdaq Cybersecurity ETF in the fourth quarter valued at $223,000. Hengehold Capital Management LLC bought a new stake in First Trust Nasdaq Cybersecurity ETF in the fourth quarter worth $6,540,000. Silver Oak Securities Incorporated raised its stake in First Trust Nasdaq Cybersecurity ETF by 2.9% during the fourth quarter. Silver Oak Securities Incorporated now owns 16,368 shares of the company’s stock valued at $1,182,000 after purchasing an additional 463 shares in the last quarter. Allspring Global Investments Holdings LLC raised its stake in First Trust Nasdaq Cybersecurity ETF by 88.8% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 2,870 shares of the company’s stock valued at $207,000 after purchasing an additional 1,350 shares in the last quarter. Finally, Brookstone Capital Management lifted its position in First Trust Nasdaq Cybersecurity ETF by 31.6% during the fourth quarter. Brookstone Capital Management now owns 13,192 shares of the company’s stock valued at $943,000 after purchasing an additional 3,168 shares during the last quarter.

First Trust Nasdaq Cybersecurity ETF Stock Up 1.6%

CIBR stock opened at $64.19 on Friday. First Trust Nasdaq Cybersecurity ETF has a 52 week low of $55.02 and a 52 week high of $78.34. The firm has a market capitalization of $9.66 billion, a P/E ratio of 30.11 and a beta of 0.93. The company has a fifty day simple moving average of $65.59 and a two-hundred day simple moving average of $71.40.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were given a dividend of $0.1098 per share. This represents a $0.44 annualized dividend and a dividend yield of 0.7%. 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.