Janney Montgomery Scott LLC Cuts Stock Holdings in First Trust Nasdaq Cybersecurity ETF $CIBR

Janney Montgomery Scott LLC lessened its stake in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 26.5% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 276,687 shares of the company’s stock after selling 99,659 shares during the quarter. Janney Montgomery Scott LLC’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $17,343,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the stock. Bank of America Corp DE increased its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 91.4% during the 3rd quarter. Bank of America Corp DE now owns 14,860,424 shares of the company’s stock worth $1,129,541,000 after buying an additional 7,097,058 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in First Trust Nasdaq Cybersecurity ETF by 258.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,353,579 shares of the company’s stock valued at $96,713,000 after acquiring an additional 975,735 shares during the last quarter. LPL Financial LLC grew its position in First Trust Nasdaq Cybersecurity ETF by 8.0% during the fourth quarter. LPL Financial LLC now owns 5,810,145 shares of the company’s stock valued at $415,135,000 after acquiring an additional 430,986 shares during the period. Wells Fargo & Company MN increased its stake in First Trust Nasdaq Cybersecurity ETF by 9.7% during the fourth quarter. Wells Fargo & Company MN now owns 4,708,419 shares of the company’s stock worth $336,417,000 after acquiring an additional 417,396 shares during the last quarter. Finally, Morgan Stanley increased its stake in First Trust Nasdaq Cybersecurity ETF by 3.0% during the fourth quarter. Morgan Stanley now owns 13,557,064 shares of the company’s stock worth $968,652,000 after acquiring an additional 394,758 shares during the last quarter.

First Trust Nasdaq Cybersecurity ETF Price Performance

First Trust Nasdaq Cybersecurity ETF stock opened at $89.85 on Wednesday. The company has a market cap of $13.61 billion, a price-to-earnings ratio of 30.11 and a beta of 0.94. First Trust Nasdaq Cybersecurity ETF has a 12 month low of $60.07 and a 12 month high of $94.39. The stock’s 50-day moving average is $80.39 and its 200-day moving average is $72.16.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

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

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.