Prism Advisors Inc. Purchases New Holdings in First Trust Nasdaq Cybersecurity ETF $CIBR

Prism Advisors Inc. purchased a new position in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 30,761 shares of the company’s stock, valued at approximately $3,267,000. First Trust Nasdaq Cybersecurity ETF comprises about 0.8% of Prism Advisors Inc.’s holdings, making the stock its 29th biggest holding.

Several other institutional investors and hedge funds have also bought and sold shares of CIBR. Castleview Partners LLC increased its stake in shares of First Trust Nasdaq Cybersecurity ETF by 3.7% in the third quarter. Castleview Partners LLC now owns 8,027 shares of the company’s stock worth $828,000 after acquiring an additional 284 shares during the period. Fell Capital Management ADV purchased a new stake in First Trust Nasdaq Cybersecurity ETF in the third quarter valued at $215,000. Williams & Novak Wealth Management LLC acquired a new stake in First Trust Nasdaq Cybersecurity ETF during the 3rd quarter worth about $298,000. Castle Rock Wealth Management LLC purchased a new position in shares of First Trust Nasdaq Cybersecurity ETF during the 3rd quarter valued at about $216,000. Finally, Wedmont Private Capital lifted its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 73.7% in the 3rd quarter. Wedmont Private Capital now owns 6,774 shares of the company’s stock valued at $719,000 after buying an additional 2,874 shares during the period.

First Trust Nasdaq Cybersecurity ETF Stock Up 3.6%

Shares of CIBR opened at $110.00 on Friday. The company has a market capitalization of $19.10 billion, a price-to-earnings ratio of 30.11 and a beta of 0.93. First Trust Nasdaq Cybersecurity ETF has a 52 week low of $60.07 and a 52 week high of $110.13. The stock’s 50-day moving average price is $99.29 and its 200-day moving average price is $86.38.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

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

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.