PNC Financial Services Group Inc. Cuts Stake in First Trust Nasdaq Cybersecurity ETF $CIBR

PNC Financial Services Group Inc. cut its holdings in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 31.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 162,282 shares of the company’s stock after selling 74,537 shares during the period. PNC Financial Services Group Inc. owned approximately 0.11% of First Trust Nasdaq Cybersecurity ETF worth $10,172,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Russell Investments Group Ltd. increased its stake in First Trust Nasdaq Cybersecurity ETF by 30.9% in the 2nd quarter. Russell Investments Group Ltd. now owns 1,185 shares of the company’s stock worth $90,000 after purchasing an additional 280 shares during the period. Brown Advisory Inc. boosted its stake in shares of First Trust Nasdaq Cybersecurity ETF by 37.6% during the second quarter. Brown Advisory Inc. now owns 4,563 shares of the company’s stock valued at $345,000 after purchasing an additional 1,246 shares during the period. Cerity Partners LLC grew its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 38.9% in the second quarter. Cerity Partners LLC now owns 15,351 shares of the company’s stock worth $1,160,000 after purchasing an additional 4,302 shares during the last quarter. Qube Research & Technologies Ltd grew its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 235.1% in the second quarter. Qube Research & Technologies Ltd now owns 160,290 shares of the company’s stock worth $12,115,000 after purchasing an additional 112,459 shares during the last quarter. Finally, The Manufacturers Life Insurance Company bought a new position in shares of First Trust Nasdaq Cybersecurity ETF in the second quarter worth approximately $332,000.

First Trust Nasdaq Cybersecurity ETF Stock Up 0.8%

Shares of NASDAQ CIBR opened at $88.40 on Friday. The firm’s fifty day moving average is $87.71 and its 200 day moving average is $74.54. First Trust Nasdaq Cybersecurity ETF has a 52 week low of $60.07 and a 52 week high of $95.96. The company has a market cap of $13.84 billion, a price-to-earnings ratio of 30.11 and a beta of 0.94.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were paid a $0.0721 dividend. This represents a $0.29 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Thursday, June 25th.

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.