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

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as $84.50 and last traded at $83.14, with a volume of 226081 shares. The stock had previously closed at $84.28.

First Trust Nasdaq Cybersecurity ETF Stock Up 0.5%

The stock has a market cap of $12.83 billion, a PE ratio of 30.11 and a beta of 0.85. The company has a fifty day moving average price of $68.71 and a 200 day moving average price of $69.95.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were issued a $0.1098 dividend. The ex-dividend date was Thursday, March 26th. This represents a $0.44 annualized dividend and a dividend yield of 0.5%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. eCIO Inc. purchased a new position in shares of First Trust Nasdaq Cybersecurity ETF in the fourth quarter worth about $25,000. Nemes Rush Group LLC increased its holdings in First Trust Nasdaq Cybersecurity ETF by 94.1% during the 4th quarter. Nemes Rush Group LLC now owns 359 shares of the company’s stock valued at $26,000 after purchasing an additional 174 shares during the period. Gilpin Wealth Management LLC purchased a new position in First Trust Nasdaq Cybersecurity ETF during the 4th quarter valued at about $28,000. Ransom Advisory Ltd purchased a new position in First Trust Nasdaq Cybersecurity ETF during the 4th quarter valued at about $29,000. Finally, Truvestments Capital LLC purchased a new position in First Trust Nasdaq Cybersecurity ETF during the 4th quarter valued at about $29,000.

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.