Kovack Advisors Inc. Has $371,000 Position in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR)

Kovack Advisors Inc. lessened its stake in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 5.8% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 6,266 shares of the company’s stock after selling 383 shares during the period. Kovack Advisors Inc.’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $371,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. Kingsview Wealth Management LLC boosted its position in First Trust Nasdaq Cybersecurity ETF by 13.6% in the first quarter. Kingsview Wealth Management LLC now owns 34,868 shares of the company’s stock worth $1,966,000 after purchasing an additional 4,178 shares during the last quarter. Blair William & Co. IL lifted its stake in First Trust Nasdaq Cybersecurity ETF by 11.4% in the 1st quarter. Blair William & Co. IL now owns 38,760 shares of the company’s stock worth $2,186,000 after purchasing an additional 3,965 shares in the last quarter. Nwam LLC bought a new position in First Trust Nasdaq Cybersecurity ETF in the 1st quarter valued at $264,000. Ironsides Asset Advisors LLC grew its position in shares of First Trust Nasdaq Cybersecurity ETF by 22.6% during the 1st quarter. Ironsides Asset Advisors LLC now owns 24,756 shares of the company’s stock valued at $1,396,000 after purchasing an additional 4,556 shares in the last quarter. Finally, Mark Sheptoff Financial Planning LLC increased its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 2,731.9% in the first quarter. Mark Sheptoff Financial Planning LLC now owns 22,655 shares of the company’s stock worth $1,278,000 after purchasing an additional 21,855 shares during the period.

First Trust Nasdaq Cybersecurity ETF Stock Performance

Shares of CIBR stock opened at $62.67 on Friday. First Trust Nasdaq Cybersecurity ETF has a 52-week low of $47.02 and a 52-week high of $65.29. The business’s fifty day moving average is $60.26 and its 200 day moving average is $57.38. The company has a market capitalization of $7.06 billion, a PE ratio of 34.35 and a beta of 1.00.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a $0.0108 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.07%. The ex-dividend date was Thursday, September 26th.

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.