First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) Sets New 12-Month High – Should You Buy?

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $65.30 and last traded at $65.21, with a volume of 365991 shares trading hands. The stock had previously closed at $63.85.

First Trust Nasdaq Cybersecurity ETF Stock Up 0.9 %

The stock has a fifty day moving average of $61.96 and a 200-day moving average of $58.29. The stock has a market capitalization of $7.38 billion, a price-to-earnings ratio of 34.35 and a beta of 1.00.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a dividend of $0.0108 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.07%. The ex-dividend date was Thursday, September 26th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of CIBR. Mather Group LLC. acquired a new stake in shares of First Trust Nasdaq Cybersecurity ETF during the second quarter valued at $89,000. Opal Wealth Advisors LLC bought a new stake in shares of First Trust Nasdaq Cybersecurity ETF in the 2nd quarter worth approximately $144,000. SG Americas Securities LLC raised its stake in First Trust Nasdaq Cybersecurity ETF by 457.5% during the 2nd quarter. SG Americas Securities LLC now owns 14,496 shares of the company’s stock valued at $818,000 after acquiring an additional 11,896 shares in the last quarter. Ignite Planners LLC bought a new stake in First Trust Nasdaq Cybersecurity ETF during the 2nd quarter valued at $253,000. Finally, RFG Advisory LLC raised its stake in shares of First Trust Nasdaq Cybersecurity ETF by 2.6% in the 2nd quarter. RFG Advisory LLC now owns 77,138 shares of the company’s stock worth $4,352,000 after buying an additional 1,934 shares in the last quarter.

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.