Migdal Insurance & Financial Holdings Ltd. Reduces Holdings in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR)

Migdal Insurance & Financial Holdings Ltd. trimmed its stake in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 22.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 35,228 shares of the company’s stock after selling 10,151 shares during the quarter. Migdal Insurance & Financial Holdings Ltd.’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $2,220,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. CIBC Private Wealth Group LLC increased its stake in First Trust Nasdaq Cybersecurity ETF by 17.0% in the 4th quarter. CIBC Private Wealth Group LLC now owns 1,103 shares of the company’s stock worth $71,000 after acquiring an additional 160 shares during the last quarter. Fiduciary Trust Co increased its stake in First Trust Nasdaq Cybersecurity ETF by 2.5% in the 4th quarter. Fiduciary Trust Co now owns 6,618 shares of the company’s stock worth $420,000 after acquiring an additional 160 shares during the last quarter. Visionary Wealth Advisors increased its stake in First Trust Nasdaq Cybersecurity ETF by 3.2% in the 4th quarter. Visionary Wealth Advisors now owns 5,232 shares of the company’s stock worth $332,000 after acquiring an additional 163 shares during the last quarter. Fortis Advisors LLC increased its stake in First Trust Nasdaq Cybersecurity ETF by 1.6% in the 1st quarter. Fortis Advisors LLC now owns 10,260 shares of the company’s stock worth $646,000 after acquiring an additional 163 shares during the last quarter. Finally, Huntington National Bank increased its stake in First Trust Nasdaq Cybersecurity ETF by 26.8% in the 4th quarter. Huntington National Bank now owns 785 shares of the company’s stock worth $50,000 after acquiring an additional 166 shares during the last quarter.

First Trust Nasdaq Cybersecurity ETF Price Performance

NASDAQ CIBR traded up $0.11 during trading on Friday, reaching $74.16. The company’s stock had a trading volume of 84,771 shares, compared to its average volume of 767,871. The stock has a market capitalization of $9.99 billion, a PE ratio of 30.11 and a beta of 1.00. The firm has a fifty day moving average of $72.93 and a 200 day moving average of $67.99. First Trust Nasdaq Cybersecurity ETF has a one year low of $50.52 and a one year high of $76.36.

First Trust Nasdaq Cybersecurity ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Thursday, June 26th were issued a $0.0898 dividend. This is a boost from First Trust Nasdaq Cybersecurity ETF’s previous quarterly dividend of $0.00. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.48%. The ex-dividend date of this dividend was Thursday, June 26th.

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.