Meridian Wealth Management LLC Decreases Stock Holdings in First Trust Nasdaq Cybersecurity ETF $CIBR

Meridian Wealth Management LLC decreased its holdings in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 95.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,021 shares of the company’s stock after selling 62,080 shares during the period. Meridian Wealth Management LLC’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $216,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Capital Asset Advisory Services LLC lifted its position in shares of First Trust Nasdaq Cybersecurity ETF by 3.3% during the 4th quarter. Capital Asset Advisory Services LLC now owns 696,254 shares of the company’s stock valued at $50,263,000 after buying an additional 22,024 shares in the last quarter. Citigroup Inc. lifted its position in shares of First Trust Nasdaq Cybersecurity ETF by 7.2% during the 3rd quarter. Citigroup Inc. now owns 409,450 shares of the company’s stock valued at $31,122,000 after buying an additional 27,495 shares in the last quarter. HighTower Advisors LLC lifted its position in shares of First Trust Nasdaq Cybersecurity ETF by 25.3% during the 3rd quarter. HighTower Advisors LLC now owns 436,450 shares of the company’s stock valued at $33,177,000 after buying an additional 88,210 shares in the last quarter. Redhawk Wealth Advisors Inc. lifted its position in shares of First Trust Nasdaq Cybersecurity ETF by 158.5% during the 4th quarter. Redhawk Wealth Advisors Inc. now owns 35,661 shares of the company’s stock valued at $2,548,000 after buying an additional 21,866 shares in the last quarter. Finally, Aurora Private Wealth Inc. purchased a new position in shares of First Trust Nasdaq Cybersecurity ETF during the 4th quarter valued at approximately $914,000.

First Trust Nasdaq Cybersecurity ETF Price Performance

Shares of NASDAQ:CIBR opened at $79.05 on Friday. The business’s 50 day moving average price is $66.74 and its 200-day moving average price is $69.77. First Trust Nasdaq Cybersecurity ETF has a 1 year low of $60.07 and a 1 year high of $79.52. The firm has a market capitalization of $11.98 billion, a price-to-earnings ratio of 30.11 and a beta of 0.85.

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 paid a $0.1098 dividend. This represents a $0.44 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Thursday, March 26th.

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.