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

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR)’s stock price reached a new 52-week high during trading on Wednesday following a dividend announcement from the company. The stock traded as high as $77.14 and last traded at $76.15, with a volume of 743408 shares trading hands. The stock had previously closed at $76.90.

The newly announced dividend which will be paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th will be issued a $0.0006 dividend. This represents a $0.00 annualized dividend and a dividend yield of 0.0%. The ex-dividend date is Thursday, September 25th.

First Trust Nasdaq Cybersecurity ETF Stock Down 0.4%

The company has a market cap of $10.26 billion, a price-to-earnings ratio of 30.11 and a beta of 1.00. The company’s fifty day moving average price is $73.61 and its two-hundred day moving average price is $70.35.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Tsfg LLC raised its stake in shares of First Trust Nasdaq Cybersecurity ETF by 2.4% during the 2nd quarter. Tsfg LLC now owns 6,050 shares of the company’s stock worth $457,000 after buying an additional 143 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its holdings in First Trust Nasdaq Cybersecurity ETF by 2.9% in the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 5,640 shares of the company’s stock valued at $355,000 after buying an additional 158 shares in the last quarter. Fortis Advisors LLC grew its holdings in First Trust Nasdaq Cybersecurity ETF by 1.6% in the 1st quarter. Fortis Advisors LLC now owns 10,260 shares of the company’s stock valued at $646,000 after buying an additional 163 shares in the last quarter. Bulltick Wealth Management LLC grew its holdings in First Trust Nasdaq Cybersecurity ETF by 4.8% in the 2nd quarter. Bulltick Wealth Management LLC now owns 3,534 shares of the company’s stock valued at $267,000 after buying an additional 163 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 2.8% during the 1st quarter. Farther Finance Advisors LLC now owns 6,067 shares of the company’s stock worth $385,000 after purchasing an additional 168 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.