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

Shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $72.55 and last traded at $72.55, with a volume of 873043 shares changing hands. The stock had previously closed at $71.82.

First Trust Nasdaq Cybersecurity ETF Stock Up 1.0%

The company’s fifty day moving average price is $66.02 and its 200-day moving average price is $65.79. The stock has a market capitalization of $8.99 billion, a PE ratio of 29.92 and a beta of 1.00.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were issued a $0.0043 dividend. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $0.02 dividend on an annualized basis and a yield of 0.02%.

Hedge Funds Weigh In On First Trust Nasdaq Cybersecurity ETF

A number of hedge funds have recently added to or reduced their stakes in CIBR. Tallon Kerry Patrick purchased a new position in First Trust Nasdaq Cybersecurity ETF in the 4th quarter worth approximately $226,000. Caprock Group LLC raised its holdings in First Trust Nasdaq Cybersecurity ETF by 10.7% in the 4th quarter. Caprock Group LLC now owns 13,331 shares of the company’s stock worth $846,000 after acquiring an additional 1,287 shares during the last quarter. Chicago Partners Investment Group LLC purchased a new position in First Trust Nasdaq Cybersecurity ETF in the 4th quarter worth approximately $211,000. KPP Advisory Services LLC raised its holdings in First Trust Nasdaq Cybersecurity ETF by 3.9% in the 4th quarter. KPP Advisory Services LLC now owns 6,330 shares of the company’s stock worth $402,000 after acquiring an additional 237 shares during the last quarter. Finally, Means Investment CO. Inc. purchased a new position in First Trust Nasdaq Cybersecurity ETF in the 4th quarter worth approximately $208,000.

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.