First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) Reaches New 1-Year High After Dividend Announcement

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) reached a new 52-week high on Wednesday after the company announced a dividend. The stock traded as high as $103.66 and last traded at $102.57, with a volume of 1745558 shares changing hands. The stock had previously closed at $103.09.

The newly announced dividend which will be paid on Wednesday, September 30th. Investors of record on Thursday, September 24th will be issued a dividend of $0.0029 per share. This is a decrease from First Trust Nasdaq Cybersecurity ETF’s previous quarterly dividend of $0.0721. This represents a $0.01 annualized dividend and a yield of 0.0%. The ex-dividend date of this dividend is Thursday, September 24th.

First Trust Nasdaq Cybersecurity ETF Trading Down 0.8%

The business has a 50 day moving average price of $96.01 and a 200-day moving average price of $83.46. The firm has a market capitalization of $16.94 billion, a PE ratio of 30.11 and a beta of 0.94.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. LPL Financial LLC raised its stake in First Trust Nasdaq Cybersecurity ETF by 8.0% in the 4th quarter. LPL Financial LLC now owns 5,810,145 shares of the company’s stock valued at $415,135,000 after purchasing an additional 430,986 shares during the last quarter. HighTower Advisors LLC lifted its holdings in First Trust Nasdaq Cybersecurity ETF by 33.7% in the 2nd quarter. HighTower Advisors LLC now owns 1,052,664 shares of the company’s stock valued at $94,582,000 after purchasing an additional 265,279 shares in the last quarter. Park National Corp OH acquired a new stake in shares of First Trust Nasdaq Cybersecurity ETF during the 2nd quarter worth about $29,018,000. Sava Penzisko Drushtvo A.D. Skopje acquired a new stake in shares of First Trust Nasdaq Cybersecurity ETF during the 4th quarter worth about $13,918,000. Finally, Rockefeller Capital Management L.P. grew its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 31.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 640,759 shares of the company’s stock worth $45,782,000 after buying an additional 152,586 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.