World Equity Group Inc. Makes New $2.63 Million Investment in First Trust Nasdaq Cybersecurity ETF $CIBR

World Equity Group Inc. purchased a new stake in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 34,631 shares of the company’s stock, valued at approximately $2,632,000.

Several other institutional investors have also modified their holdings of the company. Laurel Wealth Advisors LLC boosted its stake in First Trust Nasdaq Cybersecurity ETF by 7,426.6% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,535,556 shares of the company’s stock valued at $342,797,000 after purchasing an additional 4,475,296 shares during the period. Raymond James Financial Inc. boosted its position in shares of First Trust Nasdaq Cybersecurity ETF by 4.1% during the second quarter. Raymond James Financial Inc. now owns 2,043,480 shares of the company’s stock worth $154,446,000 after buying an additional 79,852 shares during the period. Ameriprise Financial Inc. boosted its position in shares of First Trust Nasdaq Cybersecurity ETF by 5.4% during the second quarter. Ameriprise Financial Inc. now owns 1,384,855 shares of the company’s stock worth $104,643,000 after buying an additional 71,343 shares during the period. Commonwealth Equity Services LLC grew its holdings in First Trust Nasdaq Cybersecurity ETF by 7.5% in the 3rd quarter. Commonwealth Equity Services LLC now owns 1,098,197 shares of the company’s stock worth $83,474,000 after buying an additional 76,881 shares in the last quarter. Finally, First Trust Advisors LP increased its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 14.9% during the second quarter. First Trust Advisors LP now owns 946,172 shares of the company’s stock valued at $71,562,000 after purchasing an additional 122,428 shares during the period.

First Trust Nasdaq Cybersecurity ETF Trading Up 0.2%

First Trust Nasdaq Cybersecurity ETF stock opened at $72.55 on Friday. First Trust Nasdaq Cybersecurity ETF has a 52 week low of $55.02 and a 52 week high of $78.34. The stock has a market cap of $10.89 billion, a price-to-earnings ratio of 30.11 and a beta of 0.93. The company’s 50-day moving average price is $73.62 and its two-hundred day moving average price is $74.29.

First Trust Nasdaq Cybersecurity ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were issued a dividend of $0.2084 per share. The ex-dividend date of this dividend was Friday, December 12th. This is a positive change from First Trust Nasdaq Cybersecurity ETF’s previous quarterly dividend of $0.00. This represents a $0.83 annualized dividend and a yield of 1.1%.

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.