Redhawk Wealth Advisors Inc. Has $2.55 Million Stock Position in First Trust Nasdaq Cybersecurity ETF $CIBR

Redhawk Wealth Advisors Inc. lifted its stake in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 158.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 35,661 shares of the company’s stock after purchasing an additional 21,866 shares during the period. Redhawk Wealth Advisors Inc.’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $2,548,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in CIBR. Colonial Trust Advisors acquired a new position in First Trust Nasdaq Cybersecurity ETF during the second quarter worth $25,000. Salem Investment Counselors Inc. acquired a new stake in First Trust Nasdaq Cybersecurity ETF in the third quarter valued at $28,000. Hollencrest Capital Management acquired a new stake in First Trust Nasdaq Cybersecurity ETF in the second quarter valued at $29,000. Ransom Advisory Ltd bought a new position in shares of First Trust Nasdaq Cybersecurity ETF in the 4th quarter valued at about $29,000. Finally, Elevation Point Wealth Partners LLC bought a new position in shares of First Trust Nasdaq Cybersecurity ETF in the 2nd quarter valued at about $34,000.

First Trust Nasdaq Cybersecurity ETF Price Performance

First Trust Nasdaq Cybersecurity ETF stock opened at $60.76 on Friday. The company’s 50-day moving average is $66.22 and its 200-day moving average is $71.73. The firm has a market capitalization of $9.33 billion, a PE ratio of 30.11 and a beta of 0.93. First Trust Nasdaq Cybersecurity ETF has a fifty-two week low of $55.02 and a fifty-two week high of $78.34.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th will be given a dividend of $0.1098 per share. This represents a $0.44 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, March 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.