Midwest Financial Group LLC Takes $1.32 Million Position in First Trust Nasdaq Cybersecurity ETF $CIBR

Midwest Financial Group LLC purchased a new position in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 18,518 shares of the company’s stock, valued at approximately $1,323,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Salem Investment Counselors Inc. acquired a new position in shares of First Trust Nasdaq Cybersecurity ETF during the third quarter worth approximately $28,000. Hollencrest Capital Management bought a new position in First Trust Nasdaq Cybersecurity ETF in the 2nd quarter worth approximately $29,000. Ransom Advisory Ltd acquired a new position in First Trust Nasdaq Cybersecurity ETF during the 4th quarter worth $29,000. Rossby Financial LCC bought a new position in First Trust Nasdaq Cybersecurity ETF in the 3rd quarter valued at $35,000. Finally, Ancora Advisors LLC acquired a new stake in shares of First Trust Nasdaq Cybersecurity ETF in the 3rd quarter valued at $35,000.

First Trust Nasdaq Cybersecurity ETF Price Performance

Shares of CIBR opened at $64.19 on Friday. The stock’s fifty day simple moving average is $65.46 and its 200-day simple moving average is $71.32. The firm has a market capitalization of $9.66 billion, a PE ratio of 30.11 and a beta of 0.93. First Trust Nasdaq Cybersecurity ETF has a 12-month low of $55.02 and a 12-month high of $78.34.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The firm also recently declared 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 annualized dividend and a dividend yield of 0.7%.

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.