First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) Sets New 52-Week High – What’s Next?

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $62.94 and last traded at $62.70, with a volume of 58698 shares. The stock had previously closed at $62.52.

First Trust Nasdaq Cybersecurity ETF Trading Down 0.2 %

The firm has a market capitalization of $6.95 billion, a price-to-earnings ratio of 34.35 and a beta of 1.00. The company has a fifty day moving average price of $57.99 and a two-hundred day moving average price of $56.22.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued 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

Institutional investors and hedge funds have recently made changes to their positions in the stock. Stephens Consulting LLC lifted its holdings in First Trust Nasdaq Cybersecurity ETF by 58.8% in the first quarter. Stephens Consulting LLC now owns 540 shares of the company’s stock valued at $30,000 after acquiring an additional 200 shares during the last quarter. Atomi Financial Group Inc. lifted its holdings in First Trust Nasdaq Cybersecurity ETF by 3.1% in the first quarter. Atomi Financial Group Inc. now owns 6,592 shares of the company’s stock valued at $372,000 after acquiring an additional 200 shares during the last quarter. NBC Securities Inc. lifted its holdings in First Trust Nasdaq Cybersecurity ETF by 0.3% in the second quarter. NBC Securities Inc. now owns 67,864 shares of the company’s stock valued at $3,828,000 after acquiring an additional 205 shares during the last quarter. Edmond DE Rothschild Holding S.A. lifted its holdings in First Trust Nasdaq Cybersecurity ETF by 5.5% in the first quarter. Edmond DE Rothschild Holding S.A. now owns 4,106 shares of the company’s stock valued at $232,000 after acquiring an additional 215 shares during the last quarter. Finally, AE Wealth Management LLC lifted its holdings in First Trust Nasdaq Cybersecurity ETF by 1.1% in the second quarter. AE Wealth Management LLC now owns 20,190 shares of the company’s stock valued at $1,139,000 after acquiring an additional 223 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.