First Trust Cloud Computing ETF (NASDAQ:SKYY) Position Trimmed by UBS Group AG

UBS Group AG decreased its holdings in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 0.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 535,934 shares of the company’s stock after selling 1,267 shares during the period. UBS Group AG owned about 1.61% of First Trust Cloud Computing ETF worth $46,985,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in SKYY. International Assets Investment Management LLC boosted its holdings in shares of First Trust Cloud Computing ETF by 8,785.2% during the fourth quarter. International Assets Investment Management LLC now owns 311,870 shares of the company’s stock valued at $27,342,000 after acquiring an additional 308,360 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new stake in First Trust Cloud Computing ETF in the 4th quarter valued at about $5,468,000. Valley Wealth Managers Inc. acquired a new stake in First Trust Cloud Computing ETF during the 3rd quarter worth about $3,815,000. Robertson Stephens Wealth Management LLC acquired a new stake in First Trust Cloud Computing ETF during the 3rd quarter worth about $3,737,000. Finally, Good Life Advisors LLC acquired a new stake in First Trust Cloud Computing ETF during the 4th quarter worth about $2,788,000.

First Trust Cloud Computing ETF Stock Down 0.0 %

Shares of SKYY traded down $0.04 during trading hours on Friday, reaching $95.02. The company’s stock had a trading volume of 96,390 shares, compared to its average volume of 170,913. The firm has a market cap of $3.07 billion, a price-to-earnings ratio of 33.21 and a beta of 1.06. First Trust Cloud Computing ETF has a 1-year low of $68.66 and a 1-year high of $97.78. The company has a 50 day moving average of $94.00 and a two-hundred day moving average of $90.03.

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.