Horizon Wealth Management LLC Invests $1.08 Million in First Trust Nasdaq Cybersecurity ETF $CIBR

Horizon Wealth Management LLC acquired a new position in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) in the 2nd quarter, HoldingsChannel reports. The firm acquired 14,281 shares of the company’s stock, valued at approximately $1,079,000.

Other hedge funds also recently modified their holdings of the company. BankPlus Trust Department acquired a new stake in shares of First Trust Nasdaq Cybersecurity ETF during the second quarter worth approximately $26,000. SVB Wealth LLC acquired a new stake in shares of First Trust Nasdaq Cybersecurity ETF during the first quarter worth approximately $32,000. Blue Trust Inc. acquired a new stake in shares of First Trust Nasdaq Cybersecurity ETF during the second quarter worth approximately $38,000. Glassman Wealth Services increased its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 5,650.0% during the first quarter. Glassman Wealth Services now owns 690 shares of the company’s stock worth $43,000 after buying an additional 678 shares in the last quarter. Finally, Hilltop National Bank acquired a new stake in shares of First Trust Nasdaq Cybersecurity ETF during the second quarter worth approximately $44,000.

First Trust Nasdaq Cybersecurity ETF Trading Down 2.0%

NASDAQ CIBR opened at $76.48 on Thursday. First Trust Nasdaq Cybersecurity ETF has a 1-year low of $55.02 and a 1-year high of $78.34. The firm has a market cap of $11.33 billion, a price-to-earnings ratio of 30.11 and a beta of 0.93. The company has a 50 day moving average of $75.41 and a 200-day moving average of $72.71.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were paid a $0.0006 dividend. The ex-dividend date of this dividend was Thursday, September 25th. This represents a $0.00 dividend on an annualized basis and a dividend yield of 0.0%.

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.