First Trust Nasdaq Cybersecurity ETF $CIBR Shares Bought by Pinnacle Associates Ltd.

Pinnacle Associates Ltd. raised its holdings in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 3.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 325,709 shares of the company’s stock after purchasing an additional 10,867 shares during the period. Pinnacle Associates Ltd. owned about 0.21% of First Trust Nasdaq Cybersecurity ETF worth $23,272,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of CIBR. eCIO Inc. acquired a new position in First Trust Nasdaq Cybersecurity ETF during the fourth quarter worth $25,000. Ransom Advisory Ltd acquired a new position in First Trust Nasdaq Cybersecurity ETF during the fourth quarter worth $29,000. Rossby Financial LCC acquired a new position in First Trust Nasdaq Cybersecurity ETF during the third quarter worth $35,000. Ancora Advisors LLC acquired a new position in First Trust Nasdaq Cybersecurity ETF during the third quarter worth $35,000. Finally, Newbridge Financial Services Group Inc. raised its position in First Trust Nasdaq Cybersecurity ETF by 245.4% during the fourth quarter. Newbridge Financial Services Group Inc. now owns 563 shares of the company’s stock worth $40,000 after acquiring an additional 400 shares during the period.

First Trust Nasdaq Cybersecurity ETF Stock Performance

NASDAQ:CIBR opened at $75.85 on Thursday. The company has a fifty day moving average of $66.16 and a two-hundred day moving average of $69.70. The stock has a market capitalization of $11.49 billion, a PE ratio of 30.11 and a beta of 0.85. First Trust Nasdaq Cybersecurity ETF has a fifty-two week low of $60.07 and a fifty-two week high of $78.34.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were issued a $0.1098 dividend. This represents a $0.44 annualized dividend and a yield of 0.6%. The ex-dividend date was Thursday, March 26th.

About First Trust Nasdaq Cybersecurity ETF

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.