First Trust Cloud Computing ETF (NASDAQ:SKYY) Shares Sold by Advisor OS LLC

Advisor OS LLC decreased its stake in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 6.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,411 shares of the company’s stock after selling 177 shares during the period. Advisor OS LLC’s holdings in First Trust Cloud Computing ETF were worth $287,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of First Trust Cloud Computing ETF by 77.5% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 284 shares of the company’s stock valued at $34,000 after acquiring an additional 124 shares during the period. Morse Asset Management Inc bought a new position in First Trust Cloud Computing ETF during the 3rd quarter valued at $40,000. Hemington Wealth Management increased its position in shares of First Trust Cloud Computing ETF by 29.6% during the 4th quarter. Hemington Wealth Management now owns 469 shares of the company’s stock valued at $55,000 after purchasing an additional 107 shares during the period. Kestra Investment Management LLC bought a new stake in shares of First Trust Cloud Computing ETF in the 4th quarter worth $58,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of First Trust Cloud Computing ETF in the third quarter valued at $65,000.

First Trust Cloud Computing ETF Stock Down 2.3 %

Shares of SKYY stock opened at $116.95 on Friday. The stock has a 50-day simple moving average of $124.28 and a 200 day simple moving average of $113.67. The stock has a market capitalization of $3.60 billion, a P/E ratio of 33.21 and a beta of 1.06. First Trust Cloud Computing ETF has a fifty-two week low of $83.45 and a fifty-two week high of $131.54.

First Trust Cloud Computing ETF 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.