First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) Reaches New 1-Year High – Time to Buy?

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $71.80 and last traded at $71.57, with a volume of 8044 shares. The stock had previously closed at $71.45.

First Trust Nasdaq Cybersecurity ETF Trading Up 0.6 %

The business has a 50-day moving average price of $66.05 and a 200 day moving average price of $62.14. The stock has a market capitalization of $8.53 billion, a P/E ratio of 34.35 and a beta of 1.00.

First Trust Nasdaq Cybersecurity ETF Dividend Announcement

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

Hedge Funds Weigh In On First Trust Nasdaq Cybersecurity ETF

A number of institutional investors and hedge funds have recently made changes to their positions in CIBR. Eastern Bank bought a new position in shares of First Trust Nasdaq Cybersecurity ETF in the 3rd quarter valued at about $39,000. Accordant Advisory Group Inc lifted its stake in shares of First Trust Nasdaq Cybersecurity ETF by 803.6% in the 3rd quarter. Accordant Advisory Group Inc now owns 44,862 shares of the company’s stock valued at $2,657,000 after purchasing an additional 39,897 shares during the last quarter. Private Advisor Group LLC lifted its stake in shares of First Trust Nasdaq Cybersecurity ETF by 2.0% in the 3rd quarter. Private Advisor Group LLC now owns 405,646 shares of the company’s stock valued at $24,026,000 after purchasing an additional 7,878 shares during the last quarter. Plan Group Financial LLC purchased a new position in shares of First Trust Nasdaq Cybersecurity ETF in the 3rd quarter worth approximately $335,000. Finally, Rye Brook Capital LLC increased its position in shares of First Trust Nasdaq Cybersecurity ETF by 48.8% during the 3rd quarter. Rye Brook Capital LLC now owns 12,200 shares of the company’s stock valued at $723,000 after purchasing an additional 4,000 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.