First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) Sets New 12-Month High – Still a Buy?

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as $70.84 and last traded at $70.69, with a volume of 781602 shares traded. The stock had previously closed at $69.42.

First Trust Nasdaq Cybersecurity ETF Stock Performance

The firm has a market cap of $8.34 billion, a price-to-earnings ratio of 34.35 and a beta of 1.00. The stock’s 50 day simple moving average is $65.55 and its 200-day simple moving average is $61.69.

First Trust Nasdaq Cybersecurity ETF Dividend Announcement

The company also recently declared 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 of this dividend was Friday, December 13th.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Hopwood Financial Services Inc. acquired a new position in First Trust Nasdaq Cybersecurity ETF in the 4th quarter worth approximately $25,000. Ashton Thomas Securities LLC acquired a new stake in shares of First Trust Nasdaq Cybersecurity ETF in the third quarter worth $26,000. Financial Life Planners purchased a new position in shares of First Trust Nasdaq Cybersecurity ETF during the fourth quarter worth $28,000. Roxbury Financial LLC purchased a new stake in First Trust Nasdaq Cybersecurity ETF in the fourth quarter valued at $33,000. Finally, Armstrong Advisory Group Inc. grew its position in First Trust Nasdaq Cybersecurity ETF by 133.3% during the 4th quarter. Armstrong Advisory Group Inc. now owns 539 shares of the company’s stock worth $34,000 after purchasing an additional 308 shares during the period.

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.