Kestra Advisory Services LLC reduced its stake in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY – Free Report) by 36.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 61,861 shares of the company’s stock after selling 35,652 shares during the quarter. Kestra Advisory Services LLC’s holdings in First Trust Cloud Computing ETF were worth $10,145,000 at the end of the most recent quarter.
Several other large investors have also recently modified their holdings of SKYY. GK Wealth Management LLC purchased a new position in shares of First Trust Cloud Computing ETF in the 3rd quarter worth about $29,000. Continuum Advisory LLC purchased a new stake in First Trust Cloud Computing ETF during the 2nd quarter valued at about $40,000. TD Waterhouse Canada Inc. increased its stake in First Trust Cloud Computing ETF by 35.2% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 307 shares of the company’s stock valued at $41,000 after purchasing an additional 80 shares in the last quarter. Provenance Wealth Advisors LLC bought a new stake in First Trust Cloud Computing ETF during the 3rd quarter valued at about $44,000. Finally, Beacon Investment Advisory Services Inc. bought a new stake in First Trust Cloud Computing ETF during the 2nd quarter valued at about $52,000.
First Trust Cloud Computing ETF Stock Performance
Shares of SKYY opened at $150.71 on Tuesday. The stock has a market capitalization of $3.11 billion, a PE ratio of 26.23 and a beta of 1.27. The company’s fifty day moving average is $163.62 and its 200 day moving average is $137.37. First Trust Cloud Computing ETF has a fifty-two week low of $103.76 and a fifty-two week high of $175.81.
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.
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