First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) Reaches New 52-Week High – Still a Buy?

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $67.68 and last traded at $66.80, with a volume of 3031 shares changing hands. The stock had previously closed at $67.10.

First Trust Nasdaq Cybersecurity ETF Stock Down 0.6 %

The stock has a market capitalization of $7.81 billion, a price-to-earnings ratio of 34.35 and a beta of 1.00. The company has a 50 day moving average of $64.50 and a 200 day moving average of $60.83.

First Trust Nasdaq Cybersecurity ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a $0.0812 dividend. The ex-dividend date of this dividend was Friday, December 13th.

Hedge Funds Weigh In On First Trust Nasdaq Cybersecurity ETF

Several institutional investors have recently added to or reduced their stakes in the business. Barclays PLC grew its position in First Trust Nasdaq Cybersecurity ETF by 6.6% during the third quarter. Barclays PLC now owns 10,211 shares of the company’s stock valued at $605,000 after acquiring an additional 631 shares during the period. Park Avenue Securities LLC purchased a new stake in First Trust Nasdaq Cybersecurity ETF during the fourth quarter valued at about $233,000. Atomi Financial Group Inc. grew its position in First Trust Nasdaq Cybersecurity ETF by 4.6% during the third quarter. Atomi Financial Group Inc. now owns 6,739 shares of the company’s stock valued at $399,000 after acquiring an additional 295 shares during the period. Plotkin Financial Advisors LLC purchased a new stake in First Trust Nasdaq Cybersecurity ETF during the third quarter valued at about $6,905,000. Finally, Triton Wealth Management PLLC grew its position in First Trust Nasdaq Cybersecurity ETF by 11.2% during the third quarter. Triton Wealth Management PLLC now owns 6,568 shares of the company’s stock valued at $384,000 after acquiring an additional 663 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.