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

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR)’s share price hit a new 52-week high on Wednesday . The company traded as high as $95.09 and last traded at $94.73, with a volume of 1366099 shares trading hands. The stock had previously closed at $91.84.

First Trust Nasdaq Cybersecurity ETF Price Performance

The company has a market capitalization of $14.62 billion, a price-to-earnings ratio of 30.11 and a beta of 0.94. The firm’s fifty day moving average price is $85.25 and its 200-day moving average price is $73.51.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were given a dividend of $0.0721 per share. The ex-dividend date was Thursday, June 25th. This represents a $0.29 dividend on an annualized basis and a yield of 0.3%.

Hedge Funds Weigh In On First Trust Nasdaq Cybersecurity ETF

Large investors have recently bought and sold shares of the company. Geneos Wealth Management Inc. lifted its position in First Trust Nasdaq Cybersecurity ETF by 0.4% in the 4th quarter. Geneos Wealth Management Inc. now owns 37,986 shares of the company’s stock valued at $2,714,000 after acquiring an additional 154 shares in the last quarter. Wealthcare Advisory Partners LLC increased its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 0.5% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 34,318 shares of the company’s stock worth $3,083,000 after purchasing an additional 154 shares in the last quarter. Essex Financial Services Inc. lifted its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 0.6% during the fourth quarter. Essex Financial Services Inc. now owns 27,041 shares of the company’s stock valued at $1,932,000 after purchasing an additional 160 shares in the last quarter. Gotham Asset Management LLC lifted its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 1.3% during the third quarter. Gotham Asset Management LLC now owns 12,377 shares of the company’s stock valued at $941,000 after purchasing an additional 162 shares in the last quarter. Finally, Fiduciary Trust Co lifted its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 2.5% during the third quarter. Fiduciary Trust Co now owns 6,711 shares of the company’s stock valued at $510,000 after purchasing an additional 166 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.