16,444 First Trust Nasdaq Cybersecurity ETF $CIBR Shares Purchased by Sowell Financial Services LLC

Sowell Financial Services LLC raised its position in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 59.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 43,980 shares of the company’s stock after buying an additional 16,444 shares during the period. Sowell Financial Services LLC’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $4,534,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CIBR. HighTower Advisors LLC increased its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 33.7% during the second quarter. HighTower Advisors LLC now owns 1,052,664 shares of the company’s stock worth $94,582,000 after buying an additional 265,279 shares in the last quarter. First Trust Advisors LP raised its stake in shares of First Trust Nasdaq Cybersecurity ETF by 12.4% in the first quarter. First Trust Advisors LP now owns 1,184,040 shares of the company’s stock valued at $74,189,000 after acquiring an additional 130,676 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of First Trust Nasdaq Cybersecurity ETF by 0.8% in the second quarter. Envestnet Asset Management Inc. now owns 789,156 shares of the company’s stock valued at $70,906,000 after acquiring an additional 6,069 shares during the last quarter. Cetera Investment Advisers boosted its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 1.6% in the 1st quarter. Cetera Investment Advisers now owns 910,185 shares of the company’s stock worth $57,050,000 after acquiring an additional 14,420 shares in the last quarter. Finally, Parkway Wealth Management Group LLC acquired a new position in shares of First Trust Nasdaq Cybersecurity ETF in the 3rd quarter worth approximately $41,972,000.

First Trust Nasdaq Cybersecurity ETF Price Performance

Shares of CIBR opened at $103.10 on Thursday. The company has a market capitalization of $18.04 billion, a P/E ratio of 30.11 and a beta of 0.93. First Trust Nasdaq Cybersecurity ETF has a one year low of $60.07 and a one year high of $110.68. The business’s 50 day simple moving average is $100.09 and its 200-day simple moving average is $88.81.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were given a $0.0029 dividend. This represents a $0.01 annualized dividend and a yield of 0.0%. The ex-dividend date was Thursday, September 24th. This is a negative change from First Trust Nasdaq Cybersecurity ETF’s previous quarterly dividend of $0.0721.

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.