Park Avenue Securities LLC Has $582,000 Stock Position in First Trust Nasdaq Cybersecurity ETF $CIBR

Park Avenue Securities LLC lifted its stake in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 20.5% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,698 shares of the company’s stock after purchasing an additional 1,309 shares during the quarter. Park Avenue Securities LLC’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $582,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of CIBR. Flow Traders U.S. LLC bought a new stake in shares of First Trust Nasdaq Cybersecurity ETF during the 1st quarter worth $30,341,000. LPL Financial LLC raised its position in First Trust Nasdaq Cybersecurity ETF by 12.5% in the first quarter. LPL Financial LLC now owns 4,147,552 shares of the company’s stock valued at $261,296,000 after purchasing an additional 460,276 shares during the last quarter. Jane Street Group LLC bought a new position in First Trust Nasdaq Cybersecurity ETF in the first quarter valued at about $27,123,000. CWM LLC raised its position 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 purchasing an additional 319,085 shares during the last quarter. Finally, Raymond James Financial Inc. raised its position 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 purchasing an additional 264,136 shares during the last quarter.

First Trust Nasdaq Cybersecurity ETF Trading Up 0.6%

First Trust Nasdaq Cybersecurity ETF stock opened at $75.81 on Monday. The company has a market capitalization of $10.32 billion, a PE ratio of 30.11 and a beta of 1.00. First Trust Nasdaq Cybersecurity ETF has a 12 month low of $55.02 and a 12 month high of $77.14. The stock has a 50-day moving average price of $73.64 and a two-hundred day moving average price of $70.53.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th will be given a $0.0006 dividend. The ex-dividend date is Thursday, September 25th. This represents a $0.00 annualized dividend and a yield of 0.0%.

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.