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

First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) shares hit a new 52-week high 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 changing hands. 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 given a $0.0812 dividend. The ex-dividend date is Friday, December 13th.

First Trust Nasdaq Cybersecurity ETF Trading Up 1.3 %

The stock has a 50-day simple moving average of $62.66 and a 200 day simple moving average of $58.67. The company has a market cap of $7.39 billion, a price-to-earnings ratio of 34.35 and a beta of 1.00.

Institutional Investors Weigh In On First Trust Nasdaq Cybersecurity ETF

A number of institutional investors and hedge funds have recently modified their holdings of CIBR. Ashton Thomas Securities LLC acquired a new position in shares of First Trust Nasdaq Cybersecurity ETF during the 3rd quarter worth approximately $26,000. Fairfield Financial Advisors LTD acquired a new position in First Trust Nasdaq Cybersecurity ETF during the second quarter worth $28,000. Signaturefd LLC purchased a new position in First Trust Nasdaq Cybersecurity ETF during the second quarter valued at $37,000. Zions Bancorporation N.A. acquired a new stake in shares of First Trust Nasdaq Cybersecurity ETF in the second quarter valued at about $39,000. Finally, Eastern Bank acquired a new stake in shares of First Trust Nasdaq Cybersecurity ETF in the third quarter valued at about $39,000.

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.