Private Advisor Group LLC decreased its stake in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY – Free Report) by 5.8% during the 1st quarter, HoldingsChannel.com reports. The firm owned 79,544 shares of the company’s stock after selling 4,898 shares during the quarter. Private Advisor Group LLC’s holdings in First Trust Cloud Computing ETF were worth $8,699,000 as of its most recent SEC filing.
A number of other hedge funds have also bought and sold shares of the company. Parallel Advisors LLC increased its holdings in First Trust Cloud Computing ETF by 97.0% in the third quarter. Parallel Advisors LLC now owns 197 shares of the company’s stock valued at $26,000 after buying an additional 97 shares during the last quarter. N.E.W. Advisory Services LLC bought a new position in First Trust Cloud Computing ETF during the 4th quarter worth approximately $30,000. Franklin Resources Inc. acquired a new position in shares of First Trust Cloud Computing ETF in the 4th quarter worth approximately $33,000. Capital Advisors Ltd. LLC acquired a new position in shares of First Trust Cloud Computing ETF in the 1st quarter worth approximately $35,000. Finally, Russell Investments Group Ltd. increased its holdings in shares of First Trust Cloud Computing ETF by 177.9% in the 4th quarter. Russell Investments Group Ltd. now owns 289 shares of the company’s stock valued at $38,000 after acquiring an additional 185 shares during the last quarter.
First Trust Cloud Computing ETF Stock Performance
Shares of NASDAQ SKYY opened at $134.86 on Monday. The company has a market capitalization of $2.72 billion, a price-to-earnings ratio of 33.85 and a beta of 1.24. First Trust Cloud Computing ETF has a twelve month low of $103.76 and a twelve month high of $155.76. The business has a 50 day simple moving average of $132.07 and a 200-day simple moving average of $122.94.
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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Want to see what other hedge funds are holding SKYY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Cloud Computing ETF (NASDAQ:SKYY – Free Report).
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