Focus Financial Network Inc. Increases Stake in First Trust Nasdaq Cybersecurity ETF $CIBR

Focus Financial Network Inc. lifted its stake in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 32.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,905 shares of the company’s stock after acquiring an additional 1,698 shares during the period. Focus Financial Network Inc.’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $522,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. LPL Financial LLC boosted its stake in shares of First Trust Nasdaq Cybersecurity ETF by 12.5% during the 1st quarter. LPL Financial LLC now owns 4,147,552 shares of the company’s stock valued at $261,296,000 after buying an additional 460,276 shares during the last quarter. Raymond James Financial Inc. lifted its stake in First Trust Nasdaq Cybersecurity ETF by 15.5% in the first quarter. Raymond James Financial Inc. now owns 1,963,628 shares of the company’s stock valued at $123,709,000 after buying an additional 264,136 shares during the last quarter. Royal Bank of Canada lifted its stake in First Trust Nasdaq Cybersecurity ETF by 4.3% in the first quarter. Royal Bank of Canada now owns 1,911,605 shares of the company’s stock valued at $120,431,000 after buying an additional 77,959 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake in First Trust Nasdaq Cybersecurity ETF by 9.2% in the first quarter. Commonwealth Equity Services LLC now owns 971,283 shares of the company’s stock valued at $61,191,000 after buying an additional 82,076 shares during the last quarter. Finally, CWM LLC lifted its stake in First Trust Nasdaq Cybersecurity ETF by 81.1% in the first quarter. CWM LLC now owns 712,658 shares of the company’s stock valued at $44,897,000 after buying an additional 319,085 shares during the last quarter.

First Trust Nasdaq Cybersecurity ETF Stock Performance

CIBR stock opened at $76.91 on Friday. The stock has a market capitalization of $10.47 billion, a price-to-earnings ratio of 30.11 and a beta of 1.00. First Trust Nasdaq Cybersecurity ETF has a 1 year low of $55.02 and a 1 year high of $77.07. The stock’s fifty day moving average is $73.40 and its two-hundred day moving average is $70.08.

First Trust Nasdaq Cybersecurity ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Thursday, June 26th were issued a dividend of $0.0898 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.5%. This is a positive change from First Trust Nasdaq Cybersecurity ETF’s previous quarterly dividend of $0.00. The ex-dividend date of this dividend was Thursday, June 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.