Friedenthal Financial Invests $126,000 in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR)

Posted by Lars Charter on Apr 13th, 2024

Friedenthal Financial acquired a new position in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 2,348 shares of the company’s stock, valued at approximately $126,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Grove Bank & Trust bought a new position in First Trust Nasdaq Cybersecurity ETF in the third quarter worth $36,000. BKM Wealth Management LLC bought a new position in First Trust Nasdaq Cybersecurity ETF in the fourth quarter worth $38,000. Worth Asset Management LLC bought a new position in First Trust Nasdaq Cybersecurity ETF in the first quarter worth $42,000. Simplex Trading LLC bought a new position in First Trust Nasdaq Cybersecurity ETF in the third quarter worth $43,000. Finally, RVW Wealth LLC bought a new position in First Trust Nasdaq Cybersecurity ETF in the third quarter worth $44,000.

First Trust Nasdaq Cybersecurity ETF Price Performance

Shares of CIBR stock opened at $54.85 on Friday. The stock has a market cap of $6.45 billion, a P/E ratio of 23.41 and a beta of 1.00. First Trust Nasdaq Cybersecurity ETF has a one year low of $38.41 and a one year high of $59.33. The stock has a fifty day moving average price of $56.74 and a 200 day moving average price of $52.34.

First Trust Nasdaq Cybersecurity ETF Announces Dividend

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

About First Trust Nasdaq Cybersecurity ETF

(Free Report)

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.