First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) Hits New 12-Month High – Still a Buy?

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $67.16 and last traded at $67.03, with a volume of 331478 shares traded. The stock had previously closed at $66.22.

First Trust Nasdaq Cybersecurity ETF Price Performance

The business has a fifty day moving average price of $64.21 and a 200 day moving average price of $60.59. The company has a market capitalization of $7.81 billion, a price-to-earnings ratio of 34.35 and a beta of 1.00.

First Trust Nasdaq Cybersecurity ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a dividend of $0.0812 per share. The ex-dividend date was Friday, December 13th.

Institutional Trading of First Trust Nasdaq Cybersecurity ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Renaissance Technologies LLC boosted its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 36.4% in the second quarter. Renaissance Technologies LLC now owns 14,600 shares of the company’s stock worth $824,000 after buying an additional 3,900 shares during the period. Thrivent Financial for Lutherans raised its stake in First Trust Nasdaq Cybersecurity ETF by 1.2% during the 2nd quarter. Thrivent Financial for Lutherans now owns 28,897 shares of the company’s stock valued at $1,630,000 after purchasing an additional 349 shares during the period. 1832 Asset Management L.P. lifted its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 15.8% in the second quarter. 1832 Asset Management L.P. now owns 2,359 shares of the company’s stock valued at $133,000 after purchasing an additional 321 shares in the last quarter. Bank of Montreal Can boosted its position in shares of First Trust Nasdaq Cybersecurity ETF by 14.9% in the second quarter. Bank of Montreal Can now owns 21,533 shares of the company’s stock worth $1,189,000 after buying an additional 2,798 shares during the period. Finally, Marshall Wace LLP purchased a new position in shares of First Trust Nasdaq Cybersecurity ETF during the second quarter valued at $229,000.

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.