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

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR)’s share price hit a new 52-week high during trading on Thursday. The stock traded as high as $104.31 and last traded at $103.7590, with a volume of 13876 shares trading hands. The stock had previously closed at $103.09.

First Trust Nasdaq Cybersecurity ETF Stock Performance

The firm’s 50-day moving average price is $96.89 and its two-hundred day moving average price is $84.48. The firm has a market cap of $17.37 billion, a PE ratio of 30.11 and a beta of 0.94.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were paid a $0.0029 dividend. This is a drop from First Trust Nasdaq Cybersecurity ETF’s previous quarterly dividend of $0.0721. This represents a $0.01 annualized dividend and a yield of 0.0%. The ex-dividend date was Thursday, September 24th.

Institutional Trading of First Trust Nasdaq Cybersecurity ETF

Large investors have recently made changes to their positions in the company. LPL Financial LLC increased its position in First Trust Nasdaq Cybersecurity ETF by 8.0% during the fourth quarter. LPL Financial LLC now owns 5,810,145 shares of the company’s stock worth $415,135,000 after buying an additional 430,986 shares during the period. HighTower Advisors LLC increased its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 33.7% in the 2nd quarter. HighTower Advisors LLC now owns 1,052,664 shares of the company’s stock valued at $94,582,000 after acquiring an additional 265,279 shares during the period. First Trust Advisors LP raised its position in First Trust Nasdaq Cybersecurity ETF by 12.4% in the 1st quarter. First Trust Advisors LP now owns 1,184,040 shares of the company’s stock valued at $74,189,000 after purchasing an additional 130,676 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in First Trust Nasdaq Cybersecurity ETF by 0.8% in the second quarter. Envestnet Asset Management Inc. now owns 789,156 shares of the company’s stock valued at $70,906,000 after purchasing an additional 6,069 shares during the period. Finally, Cetera Investment Advisers increased its stake in First Trust Nasdaq Cybersecurity ETF by 1.6% in the first quarter. Cetera Investment Advisers now owns 910,185 shares of the company’s stock valued at $57,050,000 after purchasing an additional 14,420 shares during the period.

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.