Joseph Group Capital Management Sells 4,744 Shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR)

Joseph Group Capital Management cut its stake in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 2.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 159,494 shares of the company’s stock after selling 4,744 shares during the period. First Trust Nasdaq Cybersecurity ETF makes up approximately 4.0% of Joseph Group Capital Management’s investment portfolio, making the stock its 6th largest holding. Joseph Group Capital Management’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $10,120,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Hopwood Financial Services Inc. acquired a new stake in First Trust Nasdaq Cybersecurity ETF in the fourth quarter worth $25,000. Financial Life Planners acquired a new stake in First Trust Nasdaq Cybersecurity ETF during the 4th quarter worth $28,000. Roxbury Financial LLC acquired a new stake in First Trust Nasdaq Cybersecurity ETF during the 4th quarter worth $33,000. Armstrong Advisory Group Inc. lifted its holdings in 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 acquiring an additional 308 shares in the last quarter. Finally, Noble Wealth Management PBC acquired a new position in First Trust Nasdaq Cybersecurity ETF in the fourth quarter valued at about $36,000.

First Trust Nasdaq Cybersecurity ETF Price Performance

NASDAQ CIBR opened at $63.39 on Friday. The stock’s 50-day moving average is $67.01 and its 200-day moving average is $63.97. First Trust Nasdaq Cybersecurity ETF has a one year low of $50.52 and a one year high of $71.92. The firm has a market cap of $7.52 billion, a P/E ratio of 33.06 and a beta of 1.00.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be paid a $0.0043 dividend. This represents a $0.02 dividend on an annualized basis and a yield of 0.03%. The ex-dividend date of this dividend is Thursday, March 27th.

First Trust Nasdaq Cybersecurity ETF Company 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.