First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) Sets New 1-Year High – Here’s Why

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) hit a new 52-week high on Wednesday . The company traded as high as $81.62 and last traded at $80.40, with a volume of 1567005 shares traded. The stock had previously closed at $80.92.

First Trust Nasdaq Cybersecurity ETF Stock Performance

The firm has a market cap of $12.45 billion, a P/E ratio of 30.11 and a beta of 0.85. The business’s 50-day simple moving average is $67.96 and its 200 day simple moving average is $69.84.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were given a $0.1098 dividend. This represents a $0.44 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Thursday, March 26th.

Institutional Investors Weigh In On First Trust Nasdaq Cybersecurity ETF

Large investors have recently added to or reduced their stakes in the stock. eCIO Inc. bought a new stake in First Trust Nasdaq Cybersecurity ETF in the 4th quarter worth approximately $25,000. Nemes Rush Group LLC grew its position in First Trust Nasdaq Cybersecurity ETF by 94.1% in the 4th quarter. Nemes Rush Group LLC now owns 359 shares of the company’s stock worth $26,000 after purchasing an additional 174 shares during the period. Gilpin Wealth Management LLC bought a new stake in First Trust Nasdaq Cybersecurity ETF in the 4th quarter worth approximately $28,000. Ransom Advisory Ltd bought a new stake in First Trust Nasdaq Cybersecurity ETF in the 4th quarter worth approximately $29,000. Finally, Truvestments Capital LLC bought a new stake in First Trust Nasdaq Cybersecurity ETF in the 4th quarter worth approximately $29,000.

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.