First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) Sets New 12-Month High – What’s Next?

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR)’s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as $94.40 and last traded at $94.26, with a volume of 2546978 shares. The stock had previously closed at $91.66.

First Trust Nasdaq Cybersecurity ETF Price Performance

The business has a fifty day simple moving average of $83.26 and a 200 day simple moving average of $72.94. The firm has a market cap of $14.55 billion, a price-to-earnings ratio of 30.11 and a beta of 0.94.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were paid a $0.0721 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $0.29 dividend on an annualized basis and a dividend yield of 0.3%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. boosted its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 0.4% in the 4th quarter. Geneos Wealth Management Inc. now owns 37,986 shares of the company’s stock valued at $2,714,000 after purchasing an additional 154 shares during the last quarter. Essex Financial Services Inc. boosted its holdings in First Trust Nasdaq Cybersecurity ETF by 0.6% in the fourth quarter. Essex Financial Services Inc. now owns 27,041 shares of the company’s stock valued at $1,932,000 after acquiring an additional 160 shares during the last quarter. Gotham Asset Management LLC grew its position in First Trust Nasdaq Cybersecurity ETF by 1.3% during the third quarter. Gotham Asset Management LLC now owns 12,377 shares of the company’s stock valued at $941,000 after acquiring an additional 162 shares during the period. Fiduciary Trust Co grew its position in First Trust Nasdaq Cybersecurity ETF by 2.5% during the third quarter. Fiduciary Trust Co now owns 6,711 shares of the company’s stock valued at $510,000 after acquiring an additional 166 shares during the period. Finally, Belpointe Asset Management LLC increased its stake in First Trust Nasdaq Cybersecurity ETF by 0.6% during the fourth quarter. Belpointe Asset Management LLC now owns 27,810 shares of the company’s stock worth $1,987,000 after acquiring an additional 169 shares during the last quarter.

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.