First Trust Cloud Computing ETF $SKYY Stock Holdings Cut by WealthBridge Capital Management LLC

WealthBridge Capital Management LLC cut its holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 76.2% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,300 shares of the company’s stock after selling 4,164 shares during the quarter. WealthBridge Capital Management LLC’s holdings in First Trust Cloud Computing ETF were worth $213,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in SKYY. Royal Bank of Canada raised its holdings in shares of First Trust Cloud Computing ETF by 12.7% during the 1st quarter. Royal Bank of Canada now owns 212,254 shares of the company’s stock valued at $23,212,000 after purchasing an additional 23,847 shares in the last quarter. Cetera Investment Advisers lifted its stake in shares of First Trust Cloud Computing ETF by 8.9% in the 1st quarter. Cetera Investment Advisers now owns 148,215 shares of the company’s stock valued at $16,209,000 after purchasing an additional 12,065 shares during the last quarter. Baird Financial Group Inc. lifted its stake in shares of First Trust Cloud Computing ETF by 4,889.0% in the 2nd quarter. Baird Financial Group Inc. now owns 100,130 shares of the company’s stock valued at $13,473,000 after purchasing an additional 98,123 shares during the last quarter. Kirkwood Financial Services bought a new stake in First Trust Cloud Computing ETF in the second quarter worth $11,601,000. Finally, Integrated Wealth Concepts LLC boosted its holdings in First Trust Cloud Computing ETF by 2.5% in the second quarter. Integrated Wealth Concepts LLC now owns 75,692 shares of the company’s stock worth $10,062,000 after purchasing an additional 1,852 shares in the last quarter.

First Trust Cloud Computing ETF Price Performance

First Trust Cloud Computing ETF stock opened at $158.51 on Friday. The company has a market capitalization of $3.29 billion, a price-to-earnings ratio of 33.85 and a beta of 1.27. First Trust Cloud Computing ETF has a one year low of $103.76 and a one year high of $175.81. The company’s fifty day moving average price is $164.02 and its two-hundred day moving average price is $142.22.

First Trust Cloud Computing ETF Company Profile

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.