BIP Wealth LLC Invests $3.13 Million in First Trust Nasdaq Cybersecurity ETF $CIBR

BIP Wealth LLC purchased a new position in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 43,734 shares of the company’s stock, valued at approximately $3,125,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. WMG Financial Advisors LLC boosted its stake in shares of First Trust Nasdaq Cybersecurity ETF by 3.7% during the 3rd quarter. WMG Financial Advisors LLC now owns 3,759 shares of the company’s stock worth $286,000 after acquiring an additional 135 shares during the last quarter. American Institute for Advanced Investment Management LLP lifted its stake in shares of First Trust Nasdaq Cybersecurity ETF by 1.3% during the 3rd quarter. American Institute for Advanced Investment Management LLP now owns 10,770 shares of the company’s stock valued at $819,000 after buying an additional 135 shares in the last quarter. Great Diamond Partners LLC lifted its stake in shares of First Trust Nasdaq Cybersecurity ETF by 0.4% during the 3rd quarter. Great Diamond Partners LLC now owns 32,431 shares of the company’s stock valued at $2,465,000 after buying an additional 139 shares in the last quarter. MBE Wealth Management LLC lifted its stake in shares of First Trust Nasdaq Cybersecurity ETF by 5.0% during the 3rd quarter. MBE Wealth Management LLC now owns 3,066 shares of the company’s stock valued at $233,000 after buying an additional 147 shares in the last quarter. Finally, Synergy Investment Management LLC lifted its stake in shares of First Trust Nasdaq Cybersecurity ETF by 5.6% during the 3rd quarter. Synergy Investment Management LLC now owns 2,852 shares of the company’s stock valued at $217,000 after buying an additional 150 shares in the last quarter.

First Trust Nasdaq Cybersecurity ETF Stock Performance

CIBR opened at $65.25 on Wednesday. First Trust Nasdaq Cybersecurity ETF has a fifty-two week low of $56.70 and a fifty-two week high of $78.34. The firm’s fifty day moving average is $65.16 and its 200 day moving average is $71.10. The stock has a market cap of $9.83 billion, a price-to-earnings ratio of 30.11 and a beta of 0.93.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were paid a dividend of $0.1098 per share. The ex-dividend date was Thursday, March 26th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.7%.

About First Trust Nasdaq Cybersecurity ETF

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.