Essex Financial Services Inc. Reduces Holdings in First Trust Nasdaq Cybersecurity ETF $CIBR

Essex Financial Services Inc. decreased its position in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 28.4% in the 1st quarter, Holdings Channel reports. The fund owned 19,354 shares of the company’s stock after selling 7,687 shares during the quarter. Essex Financial Services Inc.’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $1,213,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in CIBR. Walker Asset Management LLC lifted its holdings in First Trust Nasdaq Cybersecurity ETF by 6.4% during the first quarter. Walker Asset Management LLC now owns 3,324 shares of the company’s stock valued at $208,000 after purchasing an additional 200 shares during the last quarter. Flagstar Advisors Inc. increased its stake in shares of First Trust Nasdaq Cybersecurity ETF by 15.8% in the first quarter. Flagstar Advisors Inc. now owns 32,032 shares of the company’s stock worth $2,008,000 after purchasing an additional 4,366 shares in the last quarter. Moss Adams Wealth Advisors LLC purchased a new position in shares of First Trust Nasdaq Cybersecurity ETF in the first quarter worth about $3,818,000. SageGuard Financial Group LLC raised its position in shares of First Trust Nasdaq Cybersecurity ETF by 223.4% in the first quarter. SageGuard Financial Group LLC now owns 43,852 shares of the company’s stock valued at $2,749,000 after purchasing an additional 30,292 shares during the period. Finally, North Star Investment Management Corp. bought a new stake in shares of First Trust Nasdaq Cybersecurity ETF in the first quarter valued at approximately $66,000.

First Trust Nasdaq Cybersecurity ETF Trading Down 0.5%

Shares of CIBR stock opened at $90.67 on Friday. The firm’s 50 day moving average is $81.32 and its 200 day moving average is $72.39. The stock has a market capitalization of $13.95 billion, a P/E ratio of 30.11 and a beta of 0.94. First Trust Nasdaq Cybersecurity ETF has a 12 month low of $60.07 and a 12 month high of $94.39.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a dividend of $0.0721 per share. The ex-dividend date was Thursday, June 25th. This represents a $0.29 annualized dividend and a dividend yield of 0.3%.

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.