SCS Capital Management LLC Makes New $1.58 Million Investment in First Trust Nasdaq Cybersecurity ETF $CIBR

SCS Capital Management LLC bought a new position in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 25,046 shares of the company’s stock, valued at approximately $1,578,000.

Other institutional investors also recently bought and sold shares of the company. SVB Wealth LLC purchased a new stake in First Trust Nasdaq Cybersecurity ETF during the first quarter worth $32,000. Crews Bank & Trust purchased a new stake in First Trust Nasdaq Cybersecurity ETF during the first quarter worth $35,000. Stonebridge Financial Group LLC purchased a new stake in First Trust Nasdaq Cybersecurity ETF during the first quarter worth $35,000. Glassman Wealth Services grew its position in shares of First Trust Nasdaq Cybersecurity ETF by 5,650.0% in the first quarter. Glassman Wealth Services now owns 690 shares of the company’s stock valued at $43,000 after purchasing an additional 678 shares during the last quarter. Finally, Investment Research & Advisory Group Inc. acquired a new stake in shares of First Trust Nasdaq Cybersecurity ETF in the first quarter valued at approximately $53,000.

First Trust Nasdaq Cybersecurity ETF Price Performance

CIBR stock opened at $75.00 on Thursday. The company’s 50 day simple moving average is $73.34 and its 200-day simple moving average is $69.60. The firm has a market capitalization of $10.21 billion, a PE ratio of 30.11 and a beta of 1.00. First Trust Nasdaq Cybersecurity ETF has a 12 month low of $55.02 and a 12 month high of $76.36.

First Trust Nasdaq Cybersecurity ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Thursday, June 26th were given a $0.0898 dividend. This is an increase from First Trust Nasdaq Cybersecurity ETF’s previous quarterly dividend of $0.00. This represents a $0.36 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Thursday, June 26th.

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.