Laurel Wealth Advisors LLC Sells 2,226 Shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR)

Laurel Wealth Advisors LLC trimmed its holdings in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 3.4% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 62,977 shares of the company’s stock after selling 2,226 shares during the quarter. Laurel Wealth Advisors LLC’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $3,391,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Morgan Stanley boosted its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 0.7% during the 3rd quarter. Morgan Stanley now owns 9,453,714 shares of the company’s stock worth $429,482,000 after buying an additional 66,074 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 12.6% during the 4th quarter. Wells Fargo & Company MN now owns 1,753,636 shares of the company’s stock worth $94,416,000 after buying an additional 196,272 shares in the last quarter. Raymond James & Associates raised its position in shares of First Trust Nasdaq Cybersecurity ETF by 0.3% during the third quarter. Raymond James & Associates now owns 832,033 shares of the company’s stock worth $37,799,000 after purchasing an additional 2,610 shares during the period. Commonwealth Equity Services LLC raised its position in shares of First Trust Nasdaq Cybersecurity ETF by 2.5% during the fourth quarter. Commonwealth Equity Services LLC now owns 702,872 shares of the company’s stock worth $37,843,000 after purchasing an additional 17,467 shares during the period. Finally, International Assets Investment Management LLC acquired a new position in shares of First Trust Nasdaq Cybersecurity ETF during the fourth quarter worth approximately $37,522,000.

First Trust Nasdaq Cybersecurity ETF Price Performance

Shares of NASDAQ:CIBR traded up $0.68 during trading on Friday, reaching $54.86. 318,007 shares of the stock were exchanged, compared to its average volume of 774,783. First Trust Nasdaq Cybersecurity ETF has a 1-year low of $38.41 and a 1-year high of $59.33. The stock has a fifty day moving average of $55.92 and a two-hundred day moving average of $52.92. The firm has a market cap of $6.37 billion, a price-to-earnings ratio of 34.07 and a beta of 1.00.

First Trust Nasdaq Cybersecurity ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were given a dividend of $0.0237 per share. This represents a $0.09 dividend on an annualized basis and a dividend yield of 0.17%. The ex-dividend date was Thursday, March 21st.

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.