Stegent Equity Advisors Inc. Reduces Position in First Trust Nasdaq Cybersecurity ETF $CIBR

Stegent Equity Advisors Inc. lessened its holdings in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 72.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,271 shares of the company’s stock after selling 16,896 shares during the quarter. Stegent Equity Advisors Inc.’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $393,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Russell Investments Group Ltd. increased its stake in shares of First Trust Nasdaq Cybersecurity ETF by 30.9% in the 2nd quarter. Russell Investments Group Ltd. now owns 1,185 shares of the company’s stock worth $90,000 after purchasing an additional 280 shares in the last quarter. Brown Advisory Inc. lifted its position in First Trust Nasdaq Cybersecurity ETF by 37.6% during the second quarter. Brown Advisory Inc. now owns 4,563 shares of the company’s stock valued at $345,000 after purchasing an additional 1,246 shares in the last quarter. Cerity Partners LLC grew its holdings in First Trust Nasdaq Cybersecurity ETF by 38.9% during the second quarter. Cerity Partners LLC now owns 15,351 shares of the company’s stock valued at $1,160,000 after purchasing an additional 4,302 shares during the period. Qube Research & Technologies Ltd grew its holdings in First Trust Nasdaq Cybersecurity ETF by 235.1% during the second quarter. Qube Research & Technologies Ltd now owns 160,290 shares of the company’s stock valued at $12,115,000 after purchasing an additional 112,459 shares during the period. Finally, The Manufacturers Life Insurance Company bought a new stake in First Trust Nasdaq Cybersecurity ETF during the second quarter valued at about $332,000.

First Trust Nasdaq Cybersecurity ETF Stock Up 1.4%

Shares of CIBR opened at $91.11 on Thursday. The business has a 50-day simple moving average of $80.87 and a two-hundred day simple moving average of $72.27. First Trust Nasdaq Cybersecurity ETF has a 52 week low of $60.07 and a 52 week high of $94.39. The stock has a market cap of $13.80 billion, a price-to-earnings ratio of 30.11 and a beta of 0.94.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The company 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 of this dividend was Thursday, June 25th. This represents a $0.29 annualized dividend and a yield of 0.3%.

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.