First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) Sets New 52-Week High – Time to Buy?

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) shares hit a new 52-week high on Wednesday . The company traded as high as $68.58 and last traded at $68.24, with a volume of 46297 shares changing hands. The stock had previously closed at $68.20.

First Trust Nasdaq Cybersecurity ETF Stock Performance

The company has a market cap of $8.12 billion, a price-to-earnings ratio of 34.35 and a beta of 1.00. The business’s 50 day simple moving average is $64.91 and its 200-day simple moving average is $61.19.

First Trust Nasdaq Cybersecurity ETF Announces Dividend

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

Hedge Funds Weigh In On First Trust Nasdaq Cybersecurity ETF

Institutional investors have recently modified their holdings of the stock. Oppenheimer & Co. Inc. boosted its stake in First Trust Nasdaq Cybersecurity ETF by 10.9% in the 4th quarter. Oppenheimer & Co. Inc. now owns 110,504 shares of the company’s stock worth $7,011,000 after purchasing an additional 10,829 shares during the period. Stegent Equity Advisors Inc. grew its stake in First Trust Nasdaq Cybersecurity ETF by 16.2% in the 4th quarter. Stegent Equity Advisors Inc. now owns 23,412 shares of the company’s stock valued at $1,485,000 after buying an additional 3,259 shares during the last quarter. Corrado Advisors LLC lifted its holdings in First Trust Nasdaq Cybersecurity ETF by 3.0% during the 4th quarter. Corrado Advisors LLC now owns 42,912 shares of the company’s stock worth $2,723,000 after purchasing an additional 1,233 shares during the last quarter. Cutter & CO Brokerage Inc. raised its stake in First Trust Nasdaq Cybersecurity ETF by 1.3% in the 4th quarter. Cutter & CO Brokerage Inc. now owns 31,559 shares of the company’s stock worth $2,002,000 after purchasing an additional 390 shares in the last quarter. Finally, Acorn Wealth Advisors LLC grew its position in First Trust Nasdaq Cybersecurity ETF by 6.2% during the fourth quarter. Acorn Wealth Advisors LLC now owns 4,950 shares of the company’s stock worth $314,000 after buying an additional 290 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.