Institute for Wealth Management LLC. Has $1.98 Million Stock Position in First Trust Nasdaq Cybersecurity ETF $CIBR

Institute for Wealth Management LLC. lifted its stake in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 2.2% in the second quarter, HoldingsChannel reports. The firm owned 26,167 shares of the company’s stock after purchasing an additional 561 shares during the period. Institute for Wealth Management LLC.’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $1,978,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. SVB Wealth LLC acquired a new position in shares of First Trust Nasdaq Cybersecurity ETF in the 1st quarter valued at $32,000. Crews Bank & Trust acquired a new position in shares of First Trust Nasdaq Cybersecurity ETF in the 1st quarter valued at $35,000. Stonebridge Financial Group LLC acquired a new position in shares of First Trust Nasdaq Cybersecurity ETF in the 1st quarter valued at $35,000. Glassman Wealth Services lifted its stake in First Trust Nasdaq Cybersecurity ETF by 5,650.0% in the 1st quarter. Glassman Wealth Services now owns 690 shares of the company’s stock worth $43,000 after acquiring an additional 678 shares in the last quarter. Finally, Investment Research & Advisory Group Inc. purchased a new stake in First Trust Nasdaq Cybersecurity ETF in the 1st quarter worth about $53,000.

First Trust Nasdaq Cybersecurity ETF Trading Down 0.1%

Shares of First Trust Nasdaq Cybersecurity ETF stock opened at $76.01 on Wednesday. The stock has a 50-day moving average price of $73.70 and a 200 day moving average price of $70.65. The company has a market cap of $10.34 billion, a P/E ratio of 30.11 and a beta of 1.00. First Trust Nasdaq Cybersecurity ETF has a 1 year low of $55.02 and a 1 year high of $77.14.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were paid a $0.0006 dividend. This represents a $0.00 annualized dividend and a yield of 0.0%. The ex-dividend date of this dividend was Thursday, September 25th.

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.