Prudential PLC Makes New Investment in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR)

Prudential PLC purchased a new stake in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 99,237 shares of the company’s stock, valued at approximately $6,297,000.

Other institutional investors have also modified their holdings of the company. LPL Financial LLC lifted its position in shares of First Trust Nasdaq Cybersecurity ETF by 10.6% during the 4th quarter. LPL Financial LLC now owns 3,687,276 shares of the company’s stock worth $233,958,000 after purchasing an additional 353,848 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of First Trust Nasdaq Cybersecurity ETF in the fourth quarter valued at about $107,833,000. JPMorgan Chase & Co. raised its stake in shares of First Trust Nasdaq Cybersecurity ETF by 16.1% during the fourth quarter. JPMorgan Chase & Co. now owns 1,031,749 shares of the company’s stock worth $65,465,000 after purchasing an additional 143,400 shares during the last quarter. Commonwealth Equity Services LLC increased its position in First Trust Nasdaq Cybersecurity ETF by 0.5% during the 4th quarter. Commonwealth Equity Services LLC now owns 889,207 shares of the company’s stock worth $56,420,000 after purchasing an additional 4,539 shares during the period. Finally, Capital Asset Advisory Services LLC raised its position in First Trust Nasdaq Cybersecurity ETF by 5.6% in the fourth quarter. Capital Asset Advisory Services LLC now owns 582,235 shares of the company’s stock worth $37,467,000 after acquiring an additional 31,132 shares in the last quarter.

First Trust Nasdaq Cybersecurity ETF Stock Down 6.1 %

First Trust Nasdaq Cybersecurity ETF stock opened at $57.54 on Friday. The firm has a market capitalization of $7.15 billion, a PE ratio of 32.36 and a beta of 1.00. The firm’s 50-day simple moving average is $66.58 and its 200 day simple moving average is $64.08. First Trust Nasdaq Cybersecurity ETF has a 52 week low of $50.52 and a 52 week high of $71.92.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were paid a $0.0043 dividend. This represents a $0.02 annualized dividend and a yield of 0.03%. The ex-dividend date of this dividend was Thursday, March 27th.

First Trust Nasdaq Cybersecurity ETF Profile

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.