First Trust Cloud Computing ETF (NASDAQ:SKYY) Shares Sold by Pinnacle Private Wealth LLC

Pinnacle Private Wealth LLC trimmed its stake in First Trust Cloud Computing ETF (NASDAQ:SKYYGet Rating) by 18.3% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,897 shares of the company’s stock after selling 1,769 shares during the quarter. Pinnacle Private Wealth LLC’s holdings in First Trust Cloud Computing ETF were worth $520,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Karlinski Andrew C purchased a new stake in shares of First Trust Cloud Computing ETF in the first quarter valued at $26,000. Bank of New Hampshire purchased a new stake in shares of First Trust Cloud Computing ETF in the first quarter valued at $27,000. Mystic Asset Management Inc. purchased a new stake in shares of First Trust Cloud Computing ETF in the fourth quarter valued at $31,000. Allworth Financial LP grew its position in shares of First Trust Cloud Computing ETF by 226.3% in the first quarter. Allworth Financial LP now owns 372 shares of the company’s stock valued at $34,000 after purchasing an additional 258 shares during the period. Finally, Worth Asset Management LLC purchased a new stake in shares of First Trust Cloud Computing ETF in the first quarter valued at $34,000.

First Trust Cloud Computing ETF Price Performance

SKYY stock traded down $1.12 during trading on Friday, reaching $60.68. 540,596 shares of the stock traded hands, compared to its average volume of 556,925. The business’s 50 day moving average price is $70.30 and its 200-day moving average price is $73.76. First Trust Cloud Computing ETF has a 52-week low of $59.73 and a 52-week high of $119.99.

Further Reading

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Institutional Ownership by Quarter for First Trust Cloud Computing ETF (NASDAQ:SKYY)

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