Commonwealth Equity Services LLC lowered its position in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY – Get Rating) by 18.2% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 140,355 shares of the company’s stock after selling 31,159 shares during the period. Commonwealth Equity Services LLC owned about 0.33% of First Trust Cloud Computing ETF worth $8,085,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Benjamin F. Edwards & Company Inc. grew its position in First Trust Cloud Computing ETF by 3.2% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 51,329 shares of the company’s stock worth $2,957,000 after acquiring an additional 1,597 shares during the last quarter. Summit Financial LLC grew its position in shares of First Trust Cloud Computing ETF by 4.9% in the 4th quarter. Summit Financial LLC now owns 5,249 shares of the company’s stock valued at $302,000 after buying an additional 247 shares during the last quarter. Moors & Cabot Inc. bought a new stake in shares of First Trust Cloud Computing ETF in the 4th quarter valued at about $501,000. Pinnacle Wealth Management Advisory Group LLC grew its position in shares of First Trust Cloud Computing ETF by 15.0% in the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 4,706 shares of the company’s stock valued at $271,000 after buying an additional 615 shares during the last quarter. Finally, FSB Premier Wealth Management Inc. grew its position in shares of First Trust Cloud Computing ETF by 2.3% in the 4th quarter. FSB Premier Wealth Management Inc. now owns 12,849 shares of the company’s stock valued at $740,000 after buying an additional 293 shares during the last quarter.
First Trust Cloud Computing ETF Trading Up 1.2 %
NASDAQ SKYY opened at $63.06 on Tuesday. The business’s 50-day moving average price is $64.44 and its two-hundred day moving average price is $64.22. First Trust Cloud Computing ETF has a 12 month low of $54.50 and a 12 month high of $79.44. The firm has a market capitalization of $2.42 billion, a PE ratio of 20.90 and a beta of 1.06.
About First Trust Cloud Computing ETF
The First Trust Cloud Computing ETF (SKYY) is an exchange-traded fund that is based on the ISE Cloud Computing index. The fund tracks an index of companies involved in the cloud computing industry. Stocks are modified-equally-weighted capped at 4.5%. SKYY was launched on Jul 5, 2011 and is managed by First Trust.
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