Sowell Financial Services LLC Purchases 16,444 Shares of First Trust Nasdaq Cybersecurity ETF $CIBR

Sowell Financial Services LLC raised its holdings in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 59.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,980 shares of the company’s stock after acquiring an additional 16,444 shares during the period. Sowell Financial Services LLC’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $4,534,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in CIBR. Tucker Asset Management LLC acquired a new position in First Trust Nasdaq Cybersecurity ETF during the 2nd quarter valued at about $39,000. GAMMA Investing LLC raised its position in shares of First Trust Nasdaq Cybersecurity ETF by 1,811.1% during the 3rd quarter. GAMMA Investing LLC now owns 516 shares of the company’s stock worth $53,000 after buying an additional 489 shares in the last quarter. Blue Trust Inc. lifted its stake in shares of First Trust Nasdaq Cybersecurity ETF by 1,108.1% in the 1st quarter. Blue Trust Inc. now owns 1,039 shares of the company’s stock worth $65,000 after acquiring an additional 953 shares during the period. Polaris Financial Partners acquired a new stake in shares of First Trust Nasdaq Cybersecurity ETF in the 3rd quarter worth approximately $65,000. Finally, North Star Investment Management Corp. acquired a new stake in shares of First Trust Nasdaq Cybersecurity ETF in the 1st quarter worth approximately $66,000.

First Trust Nasdaq Cybersecurity ETF Stock Performance

Shares of NASDAQ CIBR opened at $105.00 on Friday. The stock has a fifty day moving average price of $101.15 and a two-hundred day moving average price of $83.09. The firm has a market cap of $18.16 billion, a P/E ratio of 30.11 and a beta of 0.93. First Trust Nasdaq Cybersecurity ETF has a 1 year low of $60.07 and a 1 year high of $110.68.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were issued a dividend of $0.0029 per share. This represents a $0.01 annualized dividend and a yield of 0.0%. The ex-dividend date was Thursday, September 24th. This is a drop from First Trust Nasdaq Cybersecurity ETF’s previous quarterly dividend of $0.0721.

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.