First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) Reaches New 1-Year High – Here’s What Happened

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR)’s stock price reached a new 52-week high on Wednesday . The company traded as high as $95.09 and last traded at $94.73, with a volume of 1366099 shares changing hands. The stock had previously closed at $91.84.

First Trust Nasdaq Cybersecurity ETF Trading Down 1.3%

The stock has a market cap of $14.27 billion, a PE ratio of 30.11 and a beta of 0.94. The business’s 50-day moving average price is $86.09 and its 200-day moving average price is $73.78.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

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

Hedge Funds Weigh In On First Trust Nasdaq Cybersecurity ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Aurora Private Wealth Inc. purchased a new stake in shares of First Trust Nasdaq Cybersecurity ETF during the fourth quarter worth about $914,000. Redhawk Wealth Advisors Inc. raised its position in shares of First Trust Nasdaq Cybersecurity ETF by 158.5% in the 4th quarter. Redhawk Wealth Advisors Inc. now owns 35,661 shares of the company’s stock valued at $2,548,000 after purchasing an additional 21,866 shares during the last quarter. Capital Asset Advisory Services LLC boosted its stake in First Trust Nasdaq Cybersecurity ETF by 3.3% in the 4th quarter. Capital Asset Advisory Services LLC now owns 696,254 shares of the company’s stock worth $50,263,000 after purchasing an additional 22,024 shares in the last quarter. Dunhill Financial LLC boosted its stake in First Trust Nasdaq Cybersecurity ETF by 8.7% in the 4th quarter. Dunhill Financial LLC now owns 103,229 shares of the company’s stock worth $7,451,000 after purchasing an additional 8,232 shares in the last quarter. Finally, SG Americas Securities LLC grew its position in First Trust Nasdaq Cybersecurity ETF by 723.3% during the 4th quarter. SG Americas Securities LLC now owns 11,534 shares of the company’s stock worth $824,000 after purchasing an additional 10,133 shares during 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.