Sweet Financial Partners LLC Has $9.25 Million Position in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR)

Sweet Financial Partners LLC lessened its holdings in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 2.2% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 156,166 shares of the company’s stock after selling 3,519 shares during the period. First Trust Nasdaq Cybersecurity ETF makes up 2.0% of Sweet Financial Partners LLC’s investment portfolio, making the stock its 10th largest position. Sweet Financial Partners LLC’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $9,250,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Fairfield Financial Advisors LTD bought a new position in First Trust Nasdaq Cybersecurity ETF during the 2nd quarter valued at approximately $28,000. Stephens Consulting LLC increased its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 58.8% during the first quarter. Stephens Consulting LLC now owns 540 shares of the company’s stock valued at $30,000 after acquiring an additional 200 shares in the last quarter. Northwest Investment Counselors LLC purchased a new position in shares of First Trust Nasdaq Cybersecurity ETF in the 1st quarter worth about $32,000. Signaturefd LLC bought a new position in First Trust Nasdaq Cybersecurity ETF in the 2nd quarter worth about $37,000. Finally, Retirement Group LLC grew its position in First Trust Nasdaq Cybersecurity ETF by 75.0% during the 1st quarter. Retirement Group LLC now owns 700 shares of the company’s stock valued at $39,000 after purchasing an additional 300 shares during the last quarter.

First Trust Nasdaq Cybersecurity ETF Stock Performance

NASDAQ:CIBR opened at $62.20 on Friday. The firm has a market cap of $6.93 billion, a P/E ratio of 34.35 and a beta of 1.00. First Trust Nasdaq Cybersecurity ETF has a fifty-two week low of $43.51 and a fifty-two week high of $62.94. The firm has a 50-day simple moving average of $58.73 and a two-hundred day simple moving average of $56.39.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a dividend of $0.0108 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.07%. The ex-dividend date was Thursday, September 26th.

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.