Concentrum Wealth Management Cuts Stock Position in First Trust Nasdaq Cybersecurity ETF $CIBR

Concentrum Wealth Management trimmed its holdings in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 23.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 61,869 shares of the company’s stock after selling 18,754 shares during the period. First Trust Nasdaq Cybersecurity ETF accounts for about 1.8% of Concentrum Wealth Management’s holdings, making the stock its 15th biggest holding. Concentrum Wealth Management’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $4,703,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in CIBR. Laurel Wealth Advisors LLC lifted its stake in shares of First Trust Nasdaq Cybersecurity ETF by 7,426.6% during the second quarter. Laurel Wealth Advisors LLC now owns 4,535,556 shares of the company’s stock worth $342,797,000 after purchasing an additional 4,475,296 shares in the last quarter. Parker Investment Management LLC acquired a new stake in shares of First Trust Nasdaq Cybersecurity ETF in the second quarter valued at about $20,601,000. Bank Hapoalim BM raised its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 338.7% during the 3rd quarter. Bank Hapoalim BM now owns 238,355 shares of the company’s stock valued at $18,118,000 after buying an additional 184,020 shares during the period. Quaker Wealth Management LLC raised its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 203.7% during the 2nd quarter. Quaker Wealth Management LLC now owns 91,798 shares of the company’s stock valued at $6,938,000 after buying an additional 180,328 shares during the period. Finally, First Trust Advisors LP lifted its position in First Trust Nasdaq Cybersecurity ETF by 14.9% during the 2nd quarter. First Trust Advisors LP now owns 946,172 shares of the company’s stock worth $71,562,000 after acquiring an additional 122,428 shares in the last quarter.

First Trust Nasdaq Cybersecurity ETF Stock Down 3.0%

NASDAQ CIBR opened at $63.90 on Monday. First Trust Nasdaq Cybersecurity ETF has a fifty-two week low of $55.02 and a fifty-two week high of $78.34. The business has a 50 day moving average price of $70.36 and a two-hundred day moving average price of $73.19. The stock has a market cap of $9.81 billion, a PE ratio of 30.11 and a beta of 0.93.

First Trust Nasdaq Cybersecurity ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were paid a $0.2084 dividend. This represents a $0.83 annualized dividend and a dividend yield of 1.3%. This is a boost from First Trust Nasdaq Cybersecurity ETF’s previous quarterly dividend of $0.00. The ex-dividend date was Friday, December 12th.

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.