First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) Reaches New 52-Week High Following Dividend Announcement

Shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) hit a new 52-week high on Wednesday after the company announced a dividend. The company traded as high as $103.66 and last traded at $102.57, with a volume of 1745558 shares traded. The stock had previously closed at $103.09.

The newly announced dividend which will be paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th will be issued a $0.0029 dividend. The ex-dividend date is Thursday, September 24th. This represents a $0.01 annualized dividend and a dividend yield of 0.0%. This is a decrease from First Trust Nasdaq Cybersecurity ETF’s previous quarterly dividend of $0.0721.

First Trust Nasdaq Cybersecurity ETF Price Performance

The business has a 50 day simple moving average of $96.01 and a 200 day simple moving average of $83.46. The company has a market capitalization of $16.94 billion, a price-to-earnings ratio of 30.11 and a beta of 0.94.

Institutional Investors Weigh In On First Trust Nasdaq Cybersecurity ETF

Large investors have recently bought and sold shares of the stock. LPL Financial LLC grew its stake in shares of First Trust Nasdaq Cybersecurity ETF by 8.0% in the 4th quarter. LPL Financial LLC now owns 5,810,145 shares of the company’s stock worth $415,135,000 after purchasing an additional 430,986 shares during the last quarter. HighTower Advisors LLC lifted its stake in First Trust Nasdaq Cybersecurity ETF by 33.7% during the second quarter. HighTower Advisors LLC now owns 1,052,664 shares of the company’s stock valued at $94,582,000 after purchasing an additional 265,279 shares during the last quarter. Park National Corp OH acquired a new stake in First Trust Nasdaq Cybersecurity ETF during the second quarter valued at approximately $29,018,000. Sava Penzisko Drushtvo A.D. Skopje bought a new stake in First Trust Nasdaq Cybersecurity ETF during the fourth quarter worth approximately $13,918,000. Finally, Rockefeller Capital Management L.P. boosted its holdings in First Trust Nasdaq Cybersecurity ETF by 31.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 640,759 shares of the company’s stock worth $45,782,000 after buying an additional 152,586 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.