Waverly Advisors LLC Lowers Stake in First Trust Nasdaq Cybersecurity ETF $CIBR

Waverly Advisors LLC cut its stake in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 16.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 87,774 shares of the company’s stock after selling 17,816 shares during the period. Waverly Advisors LLC owned about 0.06% of First Trust Nasdaq Cybersecurity ETF worth $5,502,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. eCIO Inc. purchased a new stake in First Trust Nasdaq Cybersecurity ETF in the 4th quarter valued at about $25,000. Nemes Rush Group LLC increased its position in shares of First Trust Nasdaq Cybersecurity ETF by 94.1% during the fourth quarter. Nemes Rush Group LLC now owns 359 shares of the company’s stock worth $26,000 after acquiring an additional 174 shares during the period. Gilpin Wealth Management LLC purchased a new position in shares of First Trust Nasdaq Cybersecurity ETF during the fourth quarter worth approximately $28,000. Truvestments Capital LLC bought a new stake in shares of First Trust Nasdaq Cybersecurity ETF during the fourth quarter valued at approximately $29,000. Finally, Ancora Advisors LLC bought a new stake in shares of First Trust Nasdaq Cybersecurity ETF during the third quarter valued at approximately $35,000.

First Trust Nasdaq Cybersecurity ETF Stock Performance

Shares of NASDAQ CIBR opened at $89.28 on Wednesday. The firm has a market capitalization of $14.00 billion, a price-to-earnings ratio of 30.11 and a beta of 0.94. The stock has a 50 day moving average price of $88.06 and a 200 day moving average price of $74.79. First Trust Nasdaq Cybersecurity ETF has a 52-week low of $60.07 and a 52-week high of $95.96.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a dividend of $0.0721 per share. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $0.29 dividend on an annualized basis and a yield of 0.3%.

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.