LeConte Wealth Management LLC Reduces Holdings in First Trust Nasdaq Cybersecurity ETF $CIBR

LeConte Wealth Management LLC trimmed its holdings in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 25.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 53,486 shares of the company’s stock after selling 18,183 shares during the quarter. First Trust Nasdaq Cybersecurity ETF makes up about 2.7% of LeConte Wealth Management LLC’s investment portfolio, making the stock its 12th largest holding. LeConte Wealth Management LLC’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $4,065,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Russell Investments Group Ltd. boosted its stake in shares of First Trust Nasdaq Cybersecurity ETF by 345.8% during the 1st quarter. Russell Investments Group Ltd. now owns 905 shares of the company’s stock worth $57,000 after acquiring an additional 702 shares during the last quarter. Comerica Bank raised its holdings in First Trust Nasdaq Cybersecurity ETF by 16.3% in the 1st quarter. Comerica Bank now owns 74,165 shares of the company’s stock worth $4,672,000 after purchasing an additional 10,382 shares during the period. Jane Street Group LLC bought a new stake in First Trust Nasdaq Cybersecurity ETF during the first quarter valued at about $27,123,000. CreativeOne Wealth LLC bought a new stake in First Trust Nasdaq Cybersecurity ETF during the first quarter valued at about $210,000. Finally, Ieq Capital LLC increased its position in First Trust Nasdaq Cybersecurity ETF by 6.5% in the first quarter. Ieq Capital LLC now owns 5,088 shares of the company’s stock worth $321,000 after buying an additional 310 shares in the last quarter.

First Trust Nasdaq Cybersecurity ETF Stock Up 0.4%

NASDAQ CIBR opened at $73.14 on Friday. First Trust Nasdaq Cybersecurity ETF has a 52 week low of $55.02 and a 52 week high of $78.34. The company has a market capitalization of $10.89 billion, a P/E ratio of 30.11 and a beta of 0.93. The stock’s 50-day moving average price is $74.63 and its 200-day moving average price is $74.35.

First Trust Nasdaq Cybersecurity ETF Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th will be paid a dividend of $0.2084 per share. This represents a $0.83 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Friday, December 12th. This is a positive change from First Trust Nasdaq Cybersecurity ETF’s previous quarterly dividend of $0.00.

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.