Mmbg Investment Advisors CO. Cuts Holdings in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR)

Mmbg Investment Advisors CO. lessened its position in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 41.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,836 shares of the company’s stock after selling 4,934 shares during the period. Mmbg Investment Advisors CO.’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $434,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of CIBR. LPL Financial LLC grew its position in shares of First Trust Nasdaq Cybersecurity ETF by 10.6% in the fourth quarter. LPL Financial LLC now owns 3,687,276 shares of the company’s stock valued at $233,958,000 after purchasing an additional 353,848 shares during the last quarter. Wells Fargo & Company MN increased its stake in First Trust Nasdaq Cybersecurity ETF by 32.0% during the 4th quarter. Wells Fargo & Company MN now owns 3,040,140 shares of the company’s stock worth $192,897,000 after acquiring an additional 736,932 shares during the period. Raymond James Financial Inc. acquired a new position in First Trust Nasdaq Cybersecurity ETF in the 4th quarter worth about $107,833,000. Ameriprise Financial Inc. raised its position in shares of First Trust Nasdaq Cybersecurity ETF by 7.7% during the fourth quarter. Ameriprise Financial Inc. now owns 1,361,138 shares of the company’s stock worth $86,307,000 after acquiring an additional 97,164 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its stake in First Trust Nasdaq Cybersecurity ETF by 16.1% in the fourth quarter. JPMorgan Chase & Co. now owns 1,031,749 shares of the company’s stock valued at $65,465,000 after acquiring an additional 143,400 shares during the period.

First Trust Nasdaq Cybersecurity ETF Price Performance

Shares of CIBR opened at $67.91 on Monday. The stock’s fifty day moving average price is $64.08 and its two-hundred day moving average price is $64.78. First Trust Nasdaq Cybersecurity ETF has a 1 year low of $50.52 and a 1 year high of $71.92. The firm has a market cap of $8.41 billion, a PE ratio of 27.88 and a beta of 1.00.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were given a $0.0043 dividend. The ex-dividend date was Thursday, March 27th. This represents a $0.02 dividend on an annualized basis and a dividend yield of 0.03%.

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.