First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) Sets New 52-Week High – What’s Next?

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $62.94 and last traded at $62.70, with a volume of 58698 shares traded. The stock had previously closed at $62.52.

First Trust Nasdaq Cybersecurity ETF Price Performance

The business has a 50 day simple moving average of $57.99 and a 200 day simple moving average of $56.22. The company has a market capitalization of $6.95 billion, a price-to-earnings ratio of 34.35 and a beta of 1.00.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

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

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Fairfield Financial Advisors LTD acquired a new position in First Trust Nasdaq Cybersecurity ETF during the second quarter worth $28,000. Stephens Consulting LLC increased its position in shares of First Trust Nasdaq Cybersecurity ETF by 58.8% during the first quarter. Stephens Consulting LLC now owns 540 shares of the company’s stock worth $30,000 after acquiring an additional 200 shares during the period. Northwest Investment Counselors LLC purchased a new stake in shares of First Trust Nasdaq Cybersecurity ETF during the first quarter worth $32,000. Signaturefd LLC purchased a new stake in shares of First Trust Nasdaq Cybersecurity ETF during the second quarter worth $37,000. Finally, Retirement Group LLC increased its position in shares of First Trust Nasdaq Cybersecurity ETF by 75.0% during the first quarter. Retirement Group LLC now owns 700 shares of the company’s stock worth $39,000 after acquiring an additional 300 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.