First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) Stock Position Reduced by Merit Financial Group LLC

Merit Financial Group LLC trimmed its position in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 28.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,543 shares of the company’s stock after selling 2,543 shares during the quarter. Merit Financial Group LLC’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $415,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in CIBR. Valmark Advisers Inc. increased its stake in First Trust Nasdaq Cybersecurity ETF by 5.0% during the third quarter. Valmark Advisers Inc. now owns 5,566 shares of the company’s stock valued at $330,000 after purchasing an additional 263 shares during the last quarter. Resurgent Financial Advisors LLC boosted its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 3.5% in the 3rd quarter. Resurgent Financial Advisors LLC now owns 8,032 shares of the company’s stock valued at $476,000 after buying an additional 270 shares during the period. L.M. Kohn & Company boosted its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 2.0% in the 3rd quarter. L.M. Kohn & Company now owns 14,338 shares of the company’s stock valued at $849,000 after buying an additional 279 shares during the period. Great Valley Advisor Group Inc. grew its position in shares of First Trust Nasdaq Cybersecurity ETF by 2.3% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 12,320 shares of the company’s stock valued at $730,000 after buying an additional 282 shares during the last quarter. Finally, EP Wealth Advisors LLC raised its stake in First Trust Nasdaq Cybersecurity ETF by 8.0% during the third quarter. EP Wealth Advisors LLC now owns 3,787 shares of the company’s stock worth $224,000 after acquiring an additional 282 shares during the period.

First Trust Nasdaq Cybersecurity ETF Stock Down 0.3 %

Shares of NASDAQ CIBR opened at $66.71 on Friday. The stock has a market capitalization of $7.80 billion, a P/E ratio of 34.35 and a beta of 1.00. The firm’s 50-day moving average price is $64.13 and its two-hundred day moving average price is $60.55. First Trust Nasdaq Cybersecurity ETF has a 52-week low of $50.52 and a 52-week high of $67.16.

First Trust Nasdaq Cybersecurity ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a $0.0812 dividend. The ex-dividend date was Friday, December 13th.

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.