Paragon Private Wealth Management LLC Invests $640,000 in First Trust Nasdaq Cybersecurity ETF $CIBR

Paragon Private Wealth Management LLC acquired a new position in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) in the 3rd quarter, Holdings Channel.com reports. The firm acquired 8,418 shares of the company’s stock, valued at approximately $640,000.

Other institutional investors have also modified their holdings of the company. Bensler LLC boosted its position in shares of First Trust Nasdaq Cybersecurity ETF by 2.2% in the 3rd quarter. Bensler LLC now owns 10,499 shares of the company’s stock worth $798,000 after buying an additional 229 shares in the last quarter. Guardian Asset Advisors LLC acquired a new position in shares of First Trust Nasdaq Cybersecurity ETF in the third quarter worth $1,533,000. Sovran Advisors LLC lifted its position in shares of First Trust Nasdaq Cybersecurity ETF by 6.6% in the third quarter. Sovran Advisors LLC now owns 33,047 shares of the company’s stock valued at $2,522,000 after acquiring an additional 2,051 shares in the last quarter. Global Assets Advisory LLC boosted its stake in shares of First Trust Nasdaq Cybersecurity ETF by 7.4% during the third quarter. Global Assets Advisory LLC now owns 7,231 shares of the company’s stock valued at $550,000 after acquiring an additional 500 shares during the last quarter. Finally, Rockport Wealth LLC increased its position in First Trust Nasdaq Cybersecurity ETF by 10.9% during the 3rd quarter. Rockport Wealth LLC now owns 268,535 shares of the company’s stock worth $20,411,000 after purchasing an additional 26,323 shares in the last quarter.

First Trust Nasdaq Cybersecurity ETF Trading Up 1.8%

NASDAQ:CIBR opened at $72.09 on Tuesday. First Trust Nasdaq Cybersecurity ETF has a 12-month low of $55.02 and a 12-month high of $78.34. The firm has a market cap of $11.01 billion, a price-to-earnings ratio of 30.11 and a beta of 0.93. The company’s 50-day moving average is $72.74 and its two-hundred day moving average is $74.00.

First Trust Nasdaq Cybersecurity ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were issued a dividend of $0.2084 per share. This represents a $0.83 annualized dividend and a dividend yield of 1.2%. This is a positive change from First Trust Nasdaq Cybersecurity ETF’s previous quarterly dividend of $0.00. The ex-dividend date was Friday, December 12th.

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.