Paragon Private Wealth Management LLC Purchases New Position in First Trust Nasdaq Cybersecurity ETF $CIBR

Paragon Private Wealth Management LLC bought a new position in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 8,418 shares of the company’s stock, valued at approximately $640,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Colonial Trust Advisors purchased a new position in First Trust Nasdaq Cybersecurity ETF during the 2nd quarter worth approximately $25,000. BankPlus Trust Department purchased a new position in shares of First Trust Nasdaq Cybersecurity ETF during the second quarter worth approximately $26,000. Salem Investment Counselors Inc. purchased a new position in shares of First Trust Nasdaq Cybersecurity ETF during the third quarter worth approximately $28,000. Hollencrest Capital Management acquired a new position in shares of First Trust Nasdaq Cybersecurity ETF in the 2nd quarter valued at $29,000. Finally, Elevation Point Wealth Partners LLC purchased a new stake in First Trust Nasdaq Cybersecurity ETF in the 2nd quarter valued at $34,000.

First Trust Nasdaq Cybersecurity ETF Stock Performance

Shares of First Trust Nasdaq Cybersecurity ETF stock opened at $72.09 on Tuesday. The company has a market capitalization of $11.01 billion, a P/E ratio of 30.11 and a beta of 0.93. First Trust Nasdaq Cybersecurity ETF has a 1 year low of $55.02 and a 1 year high of $78.34. The company’s fifty day moving average is $72.74 and its two-hundred day moving average is $74.00.

First Trust Nasdaq Cybersecurity ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were paid a dividend of $0.2084 per share. This represents a $0.83 annualized dividend and a dividend yield of 1.2%. This is a boost from First Trust Nasdaq Cybersecurity ETF’s previous quarterly dividend of $0.00. The ex-dividend date was Friday, December 12th.

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.