Procyon Advisors LLC Sells 3,964 Shares of First Trust Nasdaq Cybersecurity ETF $CIBR

Procyon Advisors LLC lowered its position in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 2.5% during the 2nd quarter, HoldingsChannel reports. The firm owned 154,302 shares of the company’s stock after selling 3,964 shares during the period. First Trust Nasdaq Cybersecurity ETF comprises about 1.1% of Procyon Advisors LLC’s investment portfolio, making the stock its 19th biggest position. Procyon Advisors LLC’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $11,662,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Northern Trust Corp increased its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 13.4% in the fourth quarter. Northern Trust Corp now owns 5,556 shares of the company’s stock worth $353,000 after purchasing an additional 655 shares during the period. Cerity Partners LLC increased its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 6.8% in the first quarter. Cerity Partners LLC now owns 11,049 shares of the company’s stock worth $696,000 after purchasing an additional 700 shares during the period. Dynamic Advisor Solutions LLC increased its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 6.3% in the first quarter. Dynamic Advisor Solutions LLC now owns 15,037 shares of the company’s stock worth $947,000 after purchasing an additional 895 shares during the period. Envestnet Asset Management Inc. increased its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 7.6% in the first quarter. Envestnet Asset Management Inc. now owns 611,499 shares of the company’s stock worth $38,524,000 after purchasing an additional 43,005 shares during the period. Finally, Park Avenue Securities LLC increased its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 73.6% in the first quarter. Park Avenue Securities LLC now owns 6,389 shares of the company’s stock worth $403,000 after purchasing an additional 2,709 shares during the period.

First Trust Nasdaq Cybersecurity ETF Stock Performance

First Trust Nasdaq Cybersecurity ETF stock opened at $75.44 on Wednesday. The stock has a market cap of $10.27 billion, a P/E ratio of 30.11 and a beta of 1.00. First Trust Nasdaq Cybersecurity ETF has a fifty-two week low of $55.02 and a fifty-two week high of $76.36. The firm’s fifty day moving average price is $73.27 and its 200-day moving average price is $69.87.

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 issued 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.