Private Wealth Asset Management LLC Has $3.05 Million Stock Holdings in First Trust Nasdaq Cybersecurity ETF $CIBR

Private Wealth Asset Management LLC raised its stake in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 67.7% during the 4th quarter, HoldingsChannel reports. The firm owned 42,678 shares of the company’s stock after purchasing an additional 17,227 shares during the quarter. Private Wealth Asset Management LLC’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $3,049,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CIBR. Bank of America Corp DE grew its holdings in First Trust Nasdaq Cybersecurity ETF by 91.4% during the third quarter. Bank of America Corp DE now owns 14,860,424 shares of the company’s stock valued at $1,129,541,000 after purchasing an additional 7,097,058 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in First Trust Nasdaq Cybersecurity ETF by 258.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,353,579 shares of the company’s stock valued at $96,713,000 after purchasing an additional 975,735 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in First Trust Nasdaq Cybersecurity ETF by 20.0% during the third quarter. Ameriprise Financial Inc. now owns 1,661,705 shares of the company’s stock valued at $126,267,000 after purchasing an additional 276,850 shares during the last quarter. Raymond James Financial Inc. grew its holdings in First Trust Nasdaq Cybersecurity ETF by 10.3% during the third quarter. Raymond James Financial Inc. now owns 2,253,927 shares of the company’s stock valued at $171,321,000 after purchasing an additional 210,447 shares during the last quarter. Finally, Legacy Edge Advisors LLC acquired a new position in First Trust Nasdaq Cybersecurity ETF during the fourth quarter valued at approximately $13,076,000.

First Trust Nasdaq Cybersecurity ETF Trading Down 2.8%

CIBR opened at $91.67 on Thursday. First Trust Nasdaq Cybersecurity ETF has a 1-year low of $60.07 and a 1-year high of $94.39. The stock has a market capitalization of $13.89 billion, a price-to-earnings ratio of 30.11 and a beta of 0.94. The business has a 50 day moving average of $72.02 and a 200-day moving average of $70.58.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were given a $0.1098 dividend. This represents a $0.44 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend 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.