Snider Financial Group Acquires 34,410 Shares of First Trust Nasdaq Cybersecurity ETF $CIBR

Snider Financial Group acquired a new stake in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 34,410 shares of the company’s stock, valued at approximately $3,547,000.

Other institutional investors have also recently made changes to their positions in the company. Tucker Asset Management LLC purchased a new position in shares of First Trust Nasdaq Cybersecurity ETF during the second quarter valued at about $39,000. GAMMA Investing LLC boosted its stake in shares of First Trust Nasdaq Cybersecurity ETF by 1,811.1% during the third quarter. GAMMA Investing LLC now owns 516 shares of the company’s stock valued at $53,000 after purchasing an additional 489 shares in the last quarter. Blue Trust Inc. raised its holdings in First Trust Nasdaq Cybersecurity ETF by 1,108.1% in the first quarter. Blue Trust Inc. now owns 1,039 shares of the company’s stock worth $65,000 after purchasing an additional 953 shares in the last quarter. Polaris Financial Partners purchased a new stake in shares of First Trust Nasdaq Cybersecurity ETF during the 3rd quarter valued at $65,000. Finally, North Star Investment Management Corp. purchased a new stake in First Trust Nasdaq Cybersecurity ETF during the 1st quarter worth approximately $66,000.

First Trust Nasdaq Cybersecurity ETF Price Performance

CIBR stock traded down $4.71 during trading on Friday, hitting $98.82. 5,464,099 shares of the company traded hands, compared to its average volume of 1,674,117. The company has a market cap of $17.16 billion, a PE ratio of 30.11 and a beta of 0.93. The stock’s 50-day simple moving average is $100.04 and its 200 day simple moving average is $87.82. First Trust Nasdaq Cybersecurity ETF has a 1 year low of $60.07 and a 1 year high of $110.68.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were issued a dividend of $0.0029 per share. The ex-dividend date was Thursday, September 24th. This represents a $0.01 dividend on an annualized basis and a dividend yield of 0.0%. This is a decrease from First Trust Nasdaq Cybersecurity ETF’s previous quarterly dividend of $0.0721.

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.