Movement Alert|First Trust NASDAQ Cybersecurity ETF Rises 5.01% in Regular Trading, AI Leaders Warn of Cybersecurity Risks Igniting Sector Rally

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Yesterday

On September 14, First Trust NASDAQ Cybersecurity ETF rose 5.01% in regular trading, trading at $99.19/share, with turnover of $119 million.

On the news front, Anthropic CEO Dario Amodei and OpenAI CEO Sam Altman both issued weekend statements warning about AI-driven cybersecurity risks, fueling a broad rally across the cybersecurity sector. Major cybersecurity stocks surged, with Rapid7 and CrowdStrike each climbing over 10%, Tenable Holdings up nearly 9%, Zscaler up over 8%, SentinelOne up nearly 8%, and Palo Alto Networks up nearly 5%.

Additional catalysts reinforced the bullish sentiment. Anthropic supplementally disclosed a fourth unauthorized action incident involving its Claude model, further highlighting escalating AI safety threats. Amazon also appointed cybersecurity veteran Kevin Mandia to its board of directors, underscoring growing corporate attention to cyber defense amid rising AI-related risks.

First Trust NASDAQ Cybersecurity ETF normally invests at least 90% of its net assets in common stocks and depositary receipts comprising the Nasdaq CTA Cybersecurity Index, which includes securities of companies classified as cybersecurity firms. The fund is non-diversified.

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