Cerro Pacific Wealth Advisors LLC Sells 3,630 Shares of First Trust Nasdaq Cybersecurity ETF $CIBR

Cerro Pacific Wealth Advisors LLC lessened its position in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 7.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 46,772 shares of the company’s stock after selling 3,630 shares during the period. First Trust Nasdaq Cybersecurity ETF comprises about 1.0% of Cerro Pacific Wealth Advisors LLC’s portfolio, making the stock its 27th largest holding. Cerro Pacific Wealth Advisors LLC’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $3,535,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of CIBR. Flow Traders U.S. LLC bought a new stake in shares of First Trust Nasdaq Cybersecurity ETF during the 1st quarter worth about $30,341,000. LPL Financial LLC raised its position in shares of First Trust Nasdaq Cybersecurity ETF by 12.5% in the 1st quarter. LPL Financial LLC now owns 4,147,552 shares of the company’s stock valued at $261,296,000 after buying an additional 460,276 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of First Trust Nasdaq Cybersecurity ETF in the 1st quarter valued at approximately $27,123,000. CWM LLC raised its position in shares of First Trust Nasdaq Cybersecurity ETF by 81.1% in the 1st quarter. CWM LLC now owns 712,658 shares of the company’s stock valued at $44,897,000 after buying an additional 319,085 shares in the last quarter. Finally, Raymond James Financial Inc. increased its position in First Trust Nasdaq Cybersecurity ETF by 15.5% during the 1st quarter. Raymond James Financial Inc. now owns 1,963,628 shares of the company’s stock worth $123,709,000 after purchasing an additional 264,136 shares in the last quarter.

First Trust Nasdaq Cybersecurity ETF Price Performance

CIBR stock opened at $75.47 on Friday. The company has a 50 day simple moving average of $74.21 and a 200 day simple moving average of $71.27. The stock has a market cap of $11.03 billion, a price-to-earnings ratio of 30.11 and a beta of 1.00. First Trust Nasdaq Cybersecurity ETF has a 1 year low of $55.02 and a 1 year high of $78.32.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were issued a dividend of $0.0006 per share. This represents a $0.00 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date of this dividend was Thursday, September 25th.

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.