Parallel Advisors LLC Grows Position in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR)

Parallel Advisors LLC raised its position in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 4.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 26,260 shares of the company’s stock after purchasing an additional 1,153 shares during the quarter. Parallel Advisors LLC’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $1,666,000 as of its most recent SEC filing.

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

First Trust Nasdaq Cybersecurity ETF Price Performance

CIBR stock opened at $65.40 on Wednesday. The company has a market capitalization of $7.98 billion, a PE ratio of 33.06 and a beta of 0.92. First Trust Nasdaq Cybersecurity ETF has a 12 month low of $50.52 and a 12 month high of $71.92. The firm’s 50-day moving average is $66.82 and its 200 day moving average is $63.55.

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.