Frisch Financial Group Inc. Buys 3,051 Shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR)

Frisch Financial Group Inc. increased its stake in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 3.5% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 89,068 shares of the company’s stock after acquiring an additional 3,051 shares during the period. First Trust Nasdaq Cybersecurity ETF accounts for 1.5% of Frisch Financial Group Inc.’s holdings, making the stock its 20th largest position. Frisch Financial Group Inc.’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $5,025,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also modified their holdings of CIBR. Pine Valley Investments Ltd Liability Co bought a new position in First Trust Nasdaq Cybersecurity ETF in the 4th quarter valued at $212,000. Steward Partners Investment Advisory LLC raised its position in First Trust Nasdaq Cybersecurity ETF by 22.3% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 38,345 shares of the company’s stock valued at $2,065,000 after purchasing an additional 6,988 shares during the last quarter. Global Trust Asset Management LLC raised its position in First Trust Nasdaq Cybersecurity ETF by 81.1% in the 1st quarter. Global Trust Asset Management LLC now owns 1,720 shares of the company’s stock valued at $97,000 after purchasing an additional 770 shares during the last quarter. Peterson Wealth Management bought a new position in First Trust Nasdaq Cybersecurity ETF in the 4th quarter valued at $212,000. Finally, Oppenheimer & Co. Inc. raised its position in First Trust Nasdaq Cybersecurity ETF by 2.4% in the 1st quarter. Oppenheimer & Co. Inc. now owns 102,487 shares of the company’s stock valued at $5,779,000 after purchasing an additional 2,374 shares during the last quarter.

First Trust Nasdaq Cybersecurity ETF Stock Performance

Shares of CIBR opened at $58.25 on Tuesday. The stock has a fifty day moving average price of $56.73 and a two-hundred day moving average price of $55.87. First Trust Nasdaq Cybersecurity ETF has a 52-week low of $43.51 and a 52-week high of $59.66. The company has a market cap of $6.89 billion, a price-to-earnings ratio of 34.35 and a beta of 1.00.

First Trust Nasdaq Cybersecurity ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were given a $0.0662 dividend. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $0.26 annualized dividend and a yield of 0.45%.

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.