Meridian Wealth Management LLC Lowers Position in First Trust Nasdaq Cybersecurity ETF $CIBR

Meridian Wealth Management LLC lessened its stake in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 95.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,021 shares of the company’s stock after selling 62,080 shares during the period. Meridian Wealth Management LLC’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $216,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of CIBR. Russell Investments Group Ltd. boosted its position in First Trust Nasdaq Cybersecurity ETF by 30.9% in the 2nd quarter. Russell Investments Group Ltd. now owns 1,185 shares of the company’s stock worth $90,000 after purchasing an additional 280 shares in the last quarter. Brown Advisory Inc. boosted its position in First Trust Nasdaq Cybersecurity ETF by 37.6% in the 2nd quarter. Brown Advisory Inc. now owns 4,563 shares of the company’s stock worth $345,000 after purchasing an additional 1,246 shares in the last quarter. Cerity Partners LLC boosted its position in First Trust Nasdaq Cybersecurity ETF by 38.9% in the 2nd quarter. Cerity Partners LLC now owns 15,351 shares of the company’s stock worth $1,160,000 after purchasing an additional 4,302 shares in the last quarter. Qube Research & Technologies Ltd boosted its position in First Trust Nasdaq Cybersecurity ETF by 235.1% in the 2nd quarter. Qube Research & Technologies Ltd now owns 160,290 shares of the company’s stock worth $12,115,000 after purchasing an additional 112,459 shares in the last quarter. Finally, The Manufacturers Life Insurance Company purchased a new stake in First Trust Nasdaq Cybersecurity ETF in the 2nd quarter worth approximately $332,000.

First Trust Nasdaq Cybersecurity ETF Trading Up 0.9%

First Trust Nasdaq Cybersecurity ETF stock opened at $79.05 on Friday. First Trust Nasdaq Cybersecurity ETF has a 12 month low of $60.07 and a 12 month high of $79.52. The stock’s 50 day simple moving average is $66.74 and its two-hundred day simple moving average is $69.77. The firm has a market cap of $11.98 billion, a PE ratio of 30.11 and a beta of 0.85.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were given a dividend of $0.1098 per share. The ex-dividend date was Thursday, March 26th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.6%.

First Trust Nasdaq Cybersecurity ETF 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.