Raymond James Financial Inc. Makes New $107.83 Million Investment in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR)

Raymond James Financial Inc. purchased a new position in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 1,699,492 shares of the company’s stock, valued at approximately $107,833,000.

A number of other institutional investors have also modified their holdings of CIBR. Concurrent Investment Advisors LLC increased its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 15.6% in the third quarter. Concurrent Investment Advisors LLC now owns 8,199 shares of the company’s stock valued at $486,000 after purchasing an additional 1,106 shares during the period. Assetmark Inc. increased its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 17.7% in the third quarter. Assetmark Inc. now owns 36,408 shares of the company’s stock valued at $2,156,000 after purchasing an additional 5,474 shares during the period. Axxcess Wealth Management LLC increased its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 8,717.8% in the third quarter. Axxcess Wealth Management LLC now owns 547,583 shares of the company’s stock valued at $32,433,000 after purchasing an additional 541,373 shares during the period. Ashton Thomas Securities LLC acquired a new position in shares of First Trust Nasdaq Cybersecurity ETF in the third quarter valued at approximately $26,000. Finally, Jaffetilchin Investment Partners LLC increased its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 7.8% in the third quarter. Jaffetilchin Investment Partners LLC now owns 90,386 shares of the company’s stock valued at $5,354,000 after purchasing an additional 6,502 shares during the period.

First Trust Nasdaq Cybersecurity ETF Trading Up 1.0 %

NASDAQ:CIBR opened at $65.93 on Friday. The firm has a market cap of $7.82 billion, a P/E ratio of 31.82 and a beta of 1.00. The stock’s 50 day simple moving average is $66.76 and its 200-day simple moving average is $63.25. First Trust Nasdaq Cybersecurity ETF has a 12-month low of $50.52 and a 12-month high of $71.92.

First Trust Nasdaq Cybersecurity ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a $0.0812 dividend. The ex-dividend date of this dividend was Friday, December 13th.

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.