First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) Reaches New 52-Week High Following Dividend Announcement

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR)’s share price hit a new 52-week high during trading on Friday following a dividend announcement from the company. The company traded as high as $65.88 and last traded at $65.80, with a volume of 30078 shares. The stock had previously closed at $64.81.

The newly announced dividend which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be paid a $0.0812 dividend. The ex-dividend date of this dividend is Friday, December 13th.

First Trust Nasdaq Cybersecurity ETF Trading Up 1.3 %

The company has a market cap of $7.39 billion, a PE ratio of 34.35 and a beta of 1.00. The business has a fifty day simple moving average of $62.66 and a two-hundred day simple moving average of $58.67.

Hedge Funds Weigh In On First Trust Nasdaq Cybersecurity ETF

Several hedge funds and other institutional investors have recently modified their holdings of CIBR. Axxcess Wealth Management LLC grew its stake in First Trust Nasdaq Cybersecurity ETF by 8,717.8% during the 3rd quarter. Axxcess Wealth Management LLC now owns 547,583 shares of the company’s stock valued at $32,433,000 after acquiring an additional 541,373 shares in the last quarter. Marks Wealth LLC purchased a new stake in shares of First Trust Nasdaq Cybersecurity ETF in the second quarter valued at approximately $11,378,000. LPL Financial LLC increased its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 5.4% in the third quarter. LPL Financial LLC now owns 3,333,428 shares of the company’s stock valued at $197,439,000 after purchasing an additional 171,297 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in First Trust Nasdaq Cybersecurity ETF by 125.8% during the third quarter. PNC Financial Services Group Inc. now owns 265,637 shares of the company’s stock worth $15,734,000 after buying an additional 148,000 shares in the last quarter. Finally, Benjamin Edwards Inc. purchased a new position in First Trust Nasdaq Cybersecurity ETF during the third quarter worth approximately $7,389,000.

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.