Redhawk Wealth Advisors Inc. Acquires 21,866 Shares of First Trust Nasdaq Cybersecurity ETF $CIBR

Redhawk Wealth Advisors Inc. boosted its holdings in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 158.5% during the fourth quarter, Holdings Channel reports. The fund owned 35,661 shares of the company’s stock after purchasing an additional 21,866 shares during the period. Redhawk Wealth Advisors Inc.’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $2,548,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in CIBR. Capital Asset Advisory Services LLC lifted its stake in shares of First Trust Nasdaq Cybersecurity ETF by 2.5% during the 3rd quarter. Capital Asset Advisory Services LLC now owns 674,230 shares of the company’s stock worth $51,248,000 after buying an additional 16,361 shares during the last quarter. Bogart Wealth LLC bought a new stake in shares of First Trust Nasdaq Cybersecurity ETF during the 3rd quarter worth about $2,996,000. Avestar Capital LLC grew its stake in First Trust Nasdaq Cybersecurity ETF by 14.5% in the 2nd quarter. Avestar Capital LLC now owns 125,371 shares of the company’s stock valued at $9,476,000 after buying an additional 15,839 shares during the last quarter. Enclave Advisors LLC raised its holdings in First Trust Nasdaq Cybersecurity ETF by 17.6% in the 3rd quarter. Enclave Advisors LLC now owns 348,729 shares of the company’s stock valued at $26,507,000 after acquiring an additional 52,092 shares during the period. Finally, Citigroup Inc. raised its holdings in First Trust Nasdaq Cybersecurity ETF by 7.2% in the 3rd quarter. Citigroup Inc. now owns 409,450 shares of the company’s stock valued at $31,122,000 after acquiring an additional 27,495 shares during the period.

First Trust Nasdaq Cybersecurity ETF Stock Down 3.8%

Shares of CIBR stock opened at $60.76 on Friday. First Trust Nasdaq Cybersecurity ETF has a 12-month low of $55.02 and a 12-month high of $78.34. The company has a market capitalization of $9.33 billion, a PE ratio of 30.11 and a beta of 0.93. The firm has a 50 day moving average price of $66.22 and a two-hundred day moving average price of $71.73.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th will be paid a dividend of $0.1098 per share. The ex-dividend date is Thursday, March 26th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.7%.

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.