Northwestern Mutual Wealth Management Co. Sells 14,952 Shares of First Trust Nasdaq Cybersecurity ETF $CIBR

Northwestern Mutual Wealth Management Co. lowered its holdings in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 3.3% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 438,772 shares of the company’s stock after selling 14,952 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 0.28% of First Trust Nasdaq Cybersecurity ETF worth $39,424,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the business. Nemes Rush Group LLC boosted its stake in shares of First Trust Nasdaq Cybersecurity ETF by 94.1% during the 4th quarter. Nemes Rush Group LLC now owns 359 shares of the company’s stock worth $26,000 after acquiring an additional 174 shares during the last quarter. Gilpin Wealth Management LLC bought a new position in First Trust Nasdaq Cybersecurity ETF in the 4th quarter worth $28,000. Truvestments Capital LLC bought a new position in First Trust Nasdaq Cybersecurity ETF in the 4th quarter worth $29,000. Tucker Asset Management LLC purchased a new position in First Trust Nasdaq Cybersecurity ETF during the fourth quarter valued at $34,000. Finally, Ancora Advisors LLC bought a new position in shares of First Trust Nasdaq Cybersecurity ETF in the third quarter worth about $35,000.

First Trust Nasdaq Cybersecurity ETF Stock Down 3.9%

CIBR stock opened at $96.20 on Wednesday. The business’s 50-day moving average price is $93.36 and its 200-day moving average price is $79.41. The stock has a market cap of $15.03 billion, a P/E ratio of 30.11 and a beta of 0.93. First Trust Nasdaq Cybersecurity ETF has a twelve month low of $60.07 and a twelve month high of $102.35.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a $0.0721 dividend. This represents a $0.29 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Thursday, June 25th.

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.