Frisch Financial Group Inc. Has $5.03 Million Stock Position in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR)

Frisch Financial Group Inc. raised its holdings in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 3.5% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 89,068 shares of the company’s stock after buying an additional 3,051 shares during the quarter. First Trust Nasdaq Cybersecurity ETF accounts for about 1.5% of Frisch Financial Group Inc.’s investment portfolio, making the stock its 20th largest position. Frisch Financial Group Inc. owned about 0.08% of First Trust Nasdaq Cybersecurity ETF worth $5,025,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Fairfield Financial Advisors LTD bought a new stake in shares of First Trust Nasdaq Cybersecurity ETF in the 2nd quarter worth approximately $28,000. Stephens Consulting LLC lifted its position in shares of First Trust Nasdaq Cybersecurity ETF by 58.8% in the 1st quarter. Stephens Consulting LLC now owns 540 shares of the company’s stock worth $30,000 after acquiring an additional 200 shares during the period. Northwest Investment Counselors LLC bought a new stake in shares of First Trust Nasdaq Cybersecurity ETF in the 1st quarter worth approximately $32,000. Signaturefd LLC bought a new stake in shares of First Trust Nasdaq Cybersecurity ETF in the 2nd quarter worth approximately $37,000. Finally, Retirement Group LLC lifted its position in shares of First Trust Nasdaq Cybersecurity ETF by 75.0% in the 1st quarter. Retirement Group LLC now owns 700 shares of the company’s stock worth $39,000 after acquiring an additional 300 shares during the period.

First Trust Nasdaq Cybersecurity ETF Trading Up 0.5 %

Shares of CIBR stock opened at $58.25 on Tuesday. The company has a market capitalization of $6.89 billion, a P/E ratio of 34.35 and a beta of 1.00. First Trust Nasdaq Cybersecurity ETF has a 12 month low of $43.51 and a 12 month high of $59.66. The stock has a 50 day moving average of $56.73 and a two-hundred day moving average of $55.87.

First Trust Nasdaq Cybersecurity ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were given a dividend of $0.0662 per share. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $0.26 annualized dividend and a dividend yield of 0.45%.

First Trust Nasdaq Cybersecurity ETF 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.