Private Advisor Group LLC Increased Its Holdings In The First Trust Nasdaq Cybersecurity ETF By Over 20% During The Fourth Quarter

Investors are constantly searching for the finest opportunity to invest their money as the world of finance is constantly changing. Private Advisor Group LLC increased its stake in First Trust NASDAQ Cybersecurity ETF by 21.1% during the fourth quarter, demonstrating that they are on top of the financial scene. After the most recent quarter, Private Advisor Group LLC owned roughly 0.32% of First Trust NASDAQ Cybersecurity ETF, according to its most recent statement with the Securities and Exchange Commission (SEC).

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Despite the fact that this exchange-traded fund (ETF) has the support of Private Advisor Group LLC, top-tier experts have found five other stocks to be better investments than First Trust NASDAQ Cybersecurity ETF.

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The fact that the First Trust NASDAQ Cybersecurity ETF is based on a liquidity-weighted index and targets companies involved in cybersecurity-related activities makes it special. This exchange-traded fund, run by First Trust, was introduced on July 7, 2015, and is based on the Nasdaq CTA Cybersecurity index.

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Investors may still want to think about investing in First Trust NASDAQ Cybersecurity ETF due to its ability to provide exposure to companies active in one of today's rapidly expanding technological sub-sectors: cybersecurity. This is true even though it is not listed in list of current buy recommendations from top-rated analysts.

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In conclusion, investors should think about diversifying their portfolios across asset classes like technology by purchasing an excellent performing security like First Trust NASDAQ Cybersecurity ETF as part of a sound long-term investment strategy, even though there may be other investment opportunities highlighted by Wall Street's top-rated analysts currently being discussed among potential buyers, as demonstrated. But, prospective investors should do their research to see if this ETF is a good fit for their financial objectives and levels of risk tolerance.

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