First Trust Cloud Computing ETF (NASDAQ:SKYY) Shares Sold by U.S. Capital Wealth Advisors LLC

U.S. Capital Wealth Advisors LLC cut its stake in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 3.6% in the fourth quarter, Holdings Channel.com reports. The fund owned 14,670 shares of the company’s stock after selling 541 shares during the period. U.S. Capital Wealth Advisors LLC’s holdings in First Trust Cloud Computing ETF were worth $1,286,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Raymond James & Associates grew its holdings in shares of First Trust Cloud Computing ETF by 14.2% in the third quarter. Raymond James & Associates now owns 139,758 shares of the company’s stock valued at $10,609,000 after purchasing an additional 17,391 shares in the last quarter. Whittier Trust Co. acquired a new position in shares of First Trust Cloud Computing ETF in the third quarter valued at approximately $28,000. Wealthfront Advisers LLC grew its holdings in shares of First Trust Cloud Computing ETF by 15.7% in the third quarter. Wealthfront Advisers LLC now owns 6,819 shares of the company’s stock valued at $518,000 after purchasing an additional 926 shares in the last quarter. Florin Court Capital LLP grew its holdings in First Trust Cloud Computing ETF by 1,300.0% during the 3rd quarter. Florin Court Capital LLP now owns 70,000 shares of the company’s stock worth $5,314,000 after acquiring an additional 65,000 shares in the last quarter. Finally, MGO One Seven LLC acquired a new position in First Trust Cloud Computing ETF during the 3rd quarter worth approximately $252,000.

First Trust Cloud Computing ETF Stock Up 0.4 %

NASDAQ SKYY opened at $91.75 on Monday. First Trust Cloud Computing ETF has a 52 week low of $61.09 and a 52 week high of $97.78. The stock has a market capitalization of $2.96 billion, a PE ratio of 33.21 and a beta of 1.58. The firm has a 50 day moving average of $94.02 and a two-hundred day moving average of $88.00.

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.