First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) Sets New 12-Month High – Here’s Why

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as $70.84 and last traded at $70.69, with a volume of 781602 shares trading hands. The stock had previously closed at $69.42.

First Trust Nasdaq Cybersecurity ETF Stock Up 1.8 %

The company has a market cap of $8.38 billion, a PE ratio of 34.35 and a beta of 1.00. The business’s 50 day moving average price is $65.28 and its 200-day moving average price is $61.47.

First Trust Nasdaq Cybersecurity ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a $0.0812 dividend. The ex-dividend date was Friday, December 13th.

Institutional Trading of First Trust Nasdaq Cybersecurity ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Hopwood Financial Services Inc. acquired a new stake in First Trust Nasdaq Cybersecurity ETF during the 4th quarter valued at approximately $25,000. Ashton Thomas Securities LLC acquired a new stake in shares of First Trust Nasdaq Cybersecurity ETF during the third quarter worth approximately $26,000. Financial Life Planners bought a new stake in shares of First Trust Nasdaq Cybersecurity ETF in the fourth quarter worth $28,000. Roxbury Financial LLC acquired a new stake in First Trust Nasdaq Cybersecurity ETF in the fourth quarter valued at $33,000. Finally, Armstrong Advisory Group Inc. boosted its stake in First Trust Nasdaq Cybersecurity ETF by 133.3% during the 4th quarter. Armstrong Advisory Group Inc. now owns 539 shares of the company’s stock valued at $34,000 after acquiring an additional 308 shares during the last quarter.

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.