First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) Sets New 1-Year High – Still a Buy?

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR)’s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as $64.90 and last traded at $64.87, with a volume of 50281 shares changing hands. The stock had previously closed at $64.61.

First Trust Nasdaq Cybersecurity ETF Price Performance

The stock has a market cap of $7.06 billion, a P/E ratio of 34.35 and a beta of 1.00. The company’s 50 day simple moving average is $60.26 and its 200 day simple moving average is $57.38.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a $0.0108 dividend. This represents a $0.04 annualized dividend and a yield of 0.07%. The ex-dividend date of this dividend was Thursday, September 26th.

Institutional Investors Weigh In On First Trust Nasdaq Cybersecurity ETF

Large investors have recently bought and sold shares of the company. Blair William & Co. IL increased its stake in First Trust Nasdaq Cybersecurity ETF by 11.4% in the first quarter. Blair William & Co. IL now owns 38,760 shares of the company’s stock valued at $2,186,000 after purchasing an additional 3,965 shares in the last quarter. Ignite Planners LLC bought a new stake in First Trust Nasdaq Cybersecurity ETF in the second quarter valued at approximately $253,000. Atomi Financial Group Inc. increased its position in shares of 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 worth $399,000 after acquiring an additional 295 shares in the last quarter. Beck Capital Management LLC increased its position in shares of First Trust Nasdaq Cybersecurity ETF by 1.5% during the second quarter. Beck Capital Management LLC now owns 72,758 shares of the company’s stock worth $4,105,000 after acquiring an additional 1,098 shares in the last quarter. Finally, Triton Wealth Management PLLC increased its position in shares of 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 worth $384,000 after acquiring an additional 663 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.