Meridian Wealth Management LLC Increases Stake in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR)

Meridian Wealth Management LLC grew its stake in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 69.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 52,420 shares of the company’s stock after purchasing an additional 21,479 shares during the period. Meridian Wealth Management LLC’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $3,105,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Ashton Thomas Securities LLC acquired a new stake in First Trust Nasdaq Cybersecurity ETF in the 3rd quarter valued at $26,000. Fairfield Financial Advisors LTD purchased a new position in First Trust Nasdaq Cybersecurity ETF during the second quarter worth about $28,000. Signaturefd LLC purchased a new position in First Trust Nasdaq Cybersecurity ETF in the second quarter worth approximately $37,000. Zions Bancorporation N.A. purchased a new stake in First Trust Nasdaq Cybersecurity ETF in the second quarter valued at $39,000. Finally, Eastern Bank acquired a new position in shares of First Trust Nasdaq Cybersecurity ETF in the 3rd quarter valued at $39,000.

First Trust Nasdaq Cybersecurity ETF Price Performance

NASDAQ CIBR opened at $63.61 on Friday. First Trust Nasdaq Cybersecurity ETF has a 12 month low of $48.36 and a 12 month high of $65.29. The stock has a market capitalization of $7.17 billion, a P/E ratio of 34.35 and a beta of 1.00. The firm’s 50-day moving average is $60.94 and its two-hundred day moving average is $57.68.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a $0.0108 dividend. The ex-dividend date was Thursday, September 26th. This represents a $0.04 annualized dividend and a yield of 0.07%.

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.