Cresset Asset Management LLC Buys 8,456 Shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR)

Cresset Asset Management LLC lifted its stake in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 26.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 40,287 shares of the company’s stock after acquiring an additional 8,456 shares during the quarter. Cresset Asset Management LLC’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $2,556,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Hopwood Financial Services Inc. bought a new stake in shares of First Trust Nasdaq Cybersecurity ETF during the 4th quarter valued at $25,000. Financial Life Planners bought a new position in shares of First Trust Nasdaq Cybersecurity ETF in the fourth quarter worth about $28,000. Roxbury Financial LLC purchased a new stake in shares of First Trust Nasdaq Cybersecurity ETF during the fourth quarter worth about $33,000. Armstrong Advisory Group Inc. raised its stake in First Trust Nasdaq Cybersecurity ETF by 133.3% during the 4th quarter. Armstrong Advisory Group Inc. now owns 539 shares of the company’s stock valued at $34,000 after purchasing an additional 308 shares during the period. Finally, Noble Wealth Management PBC purchased a new position in First Trust Nasdaq Cybersecurity ETF in the 4th quarter worth approximately $36,000.

First Trust Nasdaq Cybersecurity ETF Price Performance

First Trust Nasdaq Cybersecurity ETF stock opened at $67.91 on Friday. The firm’s 50 day moving average price is $64.08 and its 200-day moving average price is $64.72. First Trust Nasdaq Cybersecurity ETF has a 1 year low of $50.52 and a 1 year high of $71.92. The stock has a market cap of $8.41 billion, a P/E ratio of 27.88 and a beta of 1.00.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were issued a $0.0043 dividend. The ex-dividend date was Thursday, March 27th. This represents a $0.02 annualized dividend and a dividend yield of 0.03%.

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.