Citigroup Inc. Sells 7,905 Shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR)

Citigroup Inc. lowered its stake in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 1.7% in the third quarter, Holdings Channel.com reports. The firm owned 458,267 shares of the company’s stock after selling 7,905 shares during the period. Citigroup Inc.’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $27,143,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Ashton Thomas Securities LLC purchased a new position in shares of First Trust Nasdaq Cybersecurity ETF during the third quarter valued at approximately $26,000. Fairfield Financial Advisors LTD purchased a new position in First Trust Nasdaq Cybersecurity ETF during the 2nd quarter worth $28,000. Eastern Bank bought a new stake in shares of First Trust Nasdaq Cybersecurity ETF in the 3rd quarter worth $39,000. Signaturefd LLC purchased a new stake in shares of First Trust Nasdaq Cybersecurity ETF in the second quarter valued at about $37,000. Finally, Zions Bancorporation N.A. bought a new position in shares of First Trust Nasdaq Cybersecurity ETF during the second quarter valued at about $39,000.

First Trust Nasdaq Cybersecurity ETF Stock Performance

First Trust Nasdaq Cybersecurity ETF stock opened at $63.65 on Tuesday. The stock has a market cap of $7.17 billion, a PE ratio of 34.35 and a beta of 1.00. First Trust Nasdaq Cybersecurity ETF has a fifty-two week low of $48.52 and a fifty-two week high of $65.29. The firm’s 50-day simple moving average is $61.16 and its 200 day simple moving average is $57.85.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a $0.0108 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.07%. The ex-dividend date was Thursday, September 26th.

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.