Sherman Asset Management Inc. Makes New Investment in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR)

Sherman Asset Management Inc. purchased a new position in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 38,706 shares of the company’s stock, valued at approximately $2,456,000. First Trust Nasdaq Cybersecurity ETF makes up 2.2% of Sherman Asset Management Inc.’s holdings, making the stock its 14th biggest position.

A number of other hedge funds and other institutional investors have also bought and sold shares of CIBR. Ashton Thomas Securities LLC purchased a new stake in First Trust Nasdaq Cybersecurity ETF in the third quarter worth about $26,000. Financial Life Planners purchased a new stake in First Trust Nasdaq Cybersecurity ETF in the fourth quarter worth about $28,000. Roxbury Financial LLC purchased a new stake in First Trust Nasdaq Cybersecurity ETF in the fourth quarter worth about $33,000. Armstrong Advisory Group Inc. increased its position in First Trust Nasdaq Cybersecurity ETF by 133.3% in the fourth quarter. Armstrong Advisory Group Inc. now owns 539 shares of the company’s stock worth $34,000 after buying an additional 308 shares in the last quarter. Finally, Noble Wealth Management PBC purchased a new stake in First Trust Nasdaq Cybersecurity ETF in the fourth quarter worth about $36,000.

First Trust Nasdaq Cybersecurity ETF Trading Up 0.8 %

NASDAQ:CIBR opened at $66.11 on Friday. First Trust Nasdaq Cybersecurity ETF has a 12-month low of $50.52 and a 12-month high of $71.92. The stock has a 50-day moving average price of $66.65 and a 200 day moving average price of $62.97. The stock has a market capitalization of $7.84 billion, a P/E ratio of 31.82 and a beta of 1.00.

First Trust Nasdaq Cybersecurity ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a dividend of $0.0812 per share. The ex-dividend date of this dividend was Friday, December 13th.

First Trust Nasdaq Cybersecurity ETF Company 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.