Modus Advisors LLC Acquires Shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR)

On January 4, 2025, it was reported that Modus Advisors LLC has made a substantial investment in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR). The firm acquired a total of 671 shares of this exchange-traded fund (ETF) during the fourth quarter of the year. This purchase is estimated to have a value of around $43,000.

In addition to Modus Advisors, other institutional investors have also been actively modifying their stakes in the First Trust Nasdaq Cybersecurity ETF. For instance, Axxcess Wealth Management LLC made a remarkable increase in its position by 8,717.8% during the third quarter, now holding 547,583 shares valued at approximately $32,433,000 after an impressive increase of 541,373 shares.

LPL Financial LLC also enhanced its holdings by 5.4% in the same period, bringing its total to 3,333,428 shares worth $197,439,000 after acquiring an additional 171,297 shares. Meanwhile, PNC Financial Services Group Inc. grew its holdings by 125.8%, owning 265,637 shares valued at $15,734,000 after an increase of 148,000 shares.

Additionally, Benjamin Edwards Inc. made a new impression in the ETF by acquiring shares worth about $7,389,000 during the third quarter. Plotkin Financial Advisors LLC also entered the market with a new position worth about $6,905,000.

Performance of First Trust Nasdaq Cybersecurity ETF

As for the performance of the First Trust Nasdaq Cybersecurity ETF, it opened trading at $64.35. Over the past twelve months, the ETF has seen a low of $50.52 and a high of $67.10. The fund possesses a market capitalization of $7.44 billion, a price-to-earnings ratio of 34.35, and a beta of 1.00. Its 50-day moving average price stands at $63.54, while the 200-day moving average price is at $59.74.

Dividend Announcements

This ETF recently declared a dividend, which was paid out on December 31. Investors who were on record as of December 13 received a dividend payment of $0.0812. The ex-dividend date was also set for December 13.

About the ETF

The First Trust Nasdaq Cybersecurity ETF (CIBR) tracks the Nasdaq CTA Cybersecurity Index, which aims to reflect the performance of companies involved in the cybersecurity sector. This ETF was launched on July 7, 2015, and is managed by First Trust.

investment, ETF, cybersecurity