Clearwater Capital Advisors LLC Increases Stake in First Trust Nasdaq Cybersecurity ETF $CIBR

Clearwater Capital Advisors LLC grew its stake in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 6.3% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 211,602 shares of the company’s stock after purchasing an additional 12,581 shares during the quarter. First Trust Nasdaq Cybersecurity ETF accounts for 1.1% of Clearwater Capital Advisors LLC’s holdings, making the stock its 22nd largest position. Clearwater Capital Advisors LLC’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $13,263,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of CIBR. Geneos Wealth Management Inc. boosted its position in shares of First Trust Nasdaq Cybersecurity ETF by 0.4% during the fourth quarter. Geneos Wealth Management Inc. now owns 37,986 shares of the company’s stock worth $2,714,000 after acquiring an additional 154 shares during the last quarter. Essex Financial Services Inc. increased its holdings in First Trust Nasdaq Cybersecurity ETF by 0.6% in the 4th quarter. Essex Financial Services Inc. now owns 27,041 shares of the company’s stock valued at $1,932,000 after acquiring an additional 160 shares during the last quarter. Gotham Asset Management LLC increased its holdings in First Trust Nasdaq Cybersecurity ETF by 1.3% in the 3rd quarter. Gotham Asset Management LLC now owns 12,377 shares of the company’s stock valued at $941,000 after acquiring an additional 162 shares during the last quarter. Fiduciary Trust Co lifted its stake in First Trust Nasdaq Cybersecurity ETF by 2.5% in the 3rd quarter. Fiduciary Trust Co now owns 6,711 shares of the company’s stock worth $510,000 after purchasing an additional 166 shares in the last quarter. Finally, Belpointe Asset Management LLC lifted its stake in First Trust Nasdaq Cybersecurity ETF by 0.6% in the 4th quarter. Belpointe Asset Management LLC now owns 27,810 shares of the company’s stock worth $1,987,000 after purchasing an additional 169 shares in the last quarter.

First Trust Nasdaq Cybersecurity ETF Stock Down 1.4%

CIBR opened at $89.33 on Thursday. The firm has a 50-day simple moving average of $87.34 and a two-hundred day simple moving average of $74.32. First Trust Nasdaq Cybersecurity ETF has a 52 week low of $60.07 and a 52 week high of $95.96. The company has a market capitalization of $13.93 billion, a PE ratio of 30.11 and a beta of 0.94.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

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

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.