Condor Capital Management Makes New Investment in First Trust Nasdaq Cybersecurity ETF $CIBR

Condor Capital Management purchased a new stake in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) in the 3rd quarter, HoldingsChannel reports. The fund purchased 22,407 shares of the company’s stock, valued at approximately $1,703,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Quadcap Wealth Management LLC acquired a new position in shares of First Trust Nasdaq Cybersecurity ETF during the second quarter worth approximately $204,000. Capital Asset Advisory Services LLC increased its stake in First Trust Nasdaq Cybersecurity ETF by 2.5% during the 3rd quarter. Capital Asset Advisory Services LLC now owns 674,230 shares of the company’s stock valued at $51,248,000 after purchasing an additional 16,361 shares in the last quarter. Bogart Wealth LLC acquired a new position in First Trust Nasdaq Cybersecurity ETF during the third quarter worth $2,996,000. Avestar Capital LLC raised its holdings in First Trust Nasdaq Cybersecurity ETF by 14.5% during the second quarter. Avestar Capital LLC now owns 125,371 shares of the company’s stock worth $9,476,000 after buying an additional 15,839 shares during the last quarter. Finally, Enclave Advisors LLC lifted its stake in shares of First Trust Nasdaq Cybersecurity ETF by 17.6% in the third quarter. Enclave Advisors LLC now owns 348,729 shares of the company’s stock valued at $26,507,000 after buying an additional 52,092 shares in the last quarter.

First Trust Nasdaq Cybersecurity ETF Price Performance

NASDAQ:CIBR opened at $65.54 on Wednesday. The firm has a 50-day moving average of $70.96 and a 200-day moving average of $73.34. The company has a market cap of $10.06 billion, a PE ratio of 30.11 and a beta of 0.93. First Trust Nasdaq Cybersecurity ETF has a one year low of $55.02 and a one year high of $78.34.

First Trust Nasdaq Cybersecurity ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were issued a dividend of $0.2084 per share. The ex-dividend date of this dividend was Friday, December 12th. This represents a $0.83 dividend on an annualized basis and a yield of 1.3%. This is an increase from First Trust Nasdaq Cybersecurity ETF’s previous quarterly dividend of $0.00.

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.