SHP Wealth Management Takes $2.04 Million Position in First Trust Nasdaq Cybersecurity ETF $CIBR

SHP Wealth Management purchased a new position in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 28,522 shares of the company’s stock, valued at approximately $2,038,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. eCIO Inc. acquired a new stake in shares of First Trust Nasdaq Cybersecurity ETF during the 4th quarter worth approximately $25,000. Nemes Rush Group LLC raised its position in First Trust Nasdaq Cybersecurity ETF by 94.1% during the fourth quarter. Nemes Rush Group LLC now owns 359 shares of the company’s stock valued at $26,000 after purchasing an additional 174 shares in the last quarter. Gilpin Wealth Management LLC acquired a new position in First Trust Nasdaq Cybersecurity ETF during the fourth quarter valued at approximately $28,000. Ransom Advisory Ltd bought a new stake in First Trust Nasdaq Cybersecurity ETF during the fourth quarter worth $29,000. Finally, Truvestments Capital LLC bought a new stake in First Trust Nasdaq Cybersecurity ETF during the fourth quarter worth $29,000.

First Trust Nasdaq Cybersecurity ETF Stock Performance

Shares of CIBR stock opened at $84.54 on Friday. The stock’s fifty day moving average price is $77.34 and its two-hundred day moving average price is $71.64. The company has a market cap of $12.81 billion, a PE ratio of 30.11 and a beta of 0.94. First Trust Nasdaq Cybersecurity ETF has a fifty-two week low of $60.07 and a fifty-two week high of $94.39.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were given a dividend of $0.1098 per share. This represents a $0.44 annualized dividend and a dividend yield of 0.5%. 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.