Wedbush Securities Inc. Decreases Stake in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR)

Wedbush Securities Inc. cut its stake in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 5.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 46,978 shares of the company’s stock after selling 2,454 shares during the period. Wedbush Securities Inc.’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $2,981,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of CIBR. FMR LLC lifted its stake in shares of First Trust Nasdaq Cybersecurity ETF by 16.8% during the third quarter. FMR LLC now owns 19,628 shares of the company’s stock worth $1,163,000 after buying an additional 2,818 shares during the period. Captrust Financial Advisors lifted its position in First Trust Nasdaq Cybersecurity ETF by 10.2% during the 3rd quarter. Captrust Financial Advisors now owns 18,412 shares of the company’s stock worth $1,091,000 after acquiring an additional 1,707 shares during the period. Flow Traders U.S. LLC acquired a new stake in First Trust Nasdaq Cybersecurity ETF during the 3rd quarter worth about $304,000. HighTower Advisors LLC grew its stake in First Trust Nasdaq Cybersecurity ETF by 18.6% during the 3rd quarter. HighTower Advisors LLC now owns 166,258 shares of the company’s stock valued at $9,843,000 after purchasing an additional 26,048 shares during the last quarter. Finally, Stifel Financial Corp raised its stake in shares of First Trust Nasdaq Cybersecurity ETF by 2.7% in the third quarter. Stifel Financial Corp now owns 436,432 shares of the company’s stock worth $25,851,000 after purchasing an additional 11,575 shares during the last quarter.

First Trust Nasdaq Cybersecurity ETF Stock Down 6.1 %

First Trust Nasdaq Cybersecurity ETF stock opened at $57.54 on Friday. The stock has a 50-day moving average price of $66.58 and a 200 day moving average price of $64.08. The company has a market capitalization of $7.15 billion, a price-to-earnings ratio of 32.36 and a beta of 1.00. First Trust Nasdaq Cybersecurity ETF has a 52 week low of $50.52 and a 52 week high of $71.92.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were issued a $0.0043 dividend. This represents a $0.02 annualized dividend and a dividend yield of 0.03%. The ex-dividend date of this dividend was Thursday, March 27th.

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.