First Trust Cloud Computing ETF (NASDAQ:SKYY) Shares Sold by Strategic Advisors LLC

Strategic Advisors LLC lessened its position in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 11.7% in the 1st quarter, HoldingsChannel reports. The fund owned 4,540 shares of the company’s stock after selling 603 shares during the period. Strategic Advisors LLC’s holdings in First Trust Cloud Computing ETF were worth $434,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SKYY. O Shaughnessy Asset Management LLC acquired a new position in First Trust Cloud Computing ETF during the 3rd quarter worth approximately $125,000. VitalStone Financial LLC boosted its holdings in shares of First Trust Cloud Computing ETF by 144.8% in the 3rd quarter. VitalStone Financial LLC now owns 350 shares of the company’s stock valued at $27,000 after buying an additional 207 shares in the last quarter. Verity Asset Management Inc. acquired a new position in shares of First Trust Cloud Computing ETF in the 3rd quarter valued at $206,000. Anchor Investment Management LLC acquired a new position in shares of First Trust Cloud Computing ETF in the 4th quarter valued at $40,000. Finally, Fulton Bank N.A. boosted its holdings in shares of First Trust Cloud Computing ETF by 1.5% in the 4th quarter. Fulton Bank N.A. now owns 21,861 shares of the company’s stock valued at $1,917,000 after buying an additional 315 shares in the last quarter.

First Trust Cloud Computing ETF Price Performance

Shares of First Trust Cloud Computing ETF stock traded up $0.52 during trading hours on Friday, hitting $97.30. The company had a trading volume of 18,407 shares, compared to its average volume of 158,721. The company’s 50-day moving average is $93.32 and its two-hundred day moving average is $92.40. First Trust Cloud Computing ETF has a twelve month low of $70.42 and a twelve month high of $97.78. The company has a market cap of $3.14 billion, a P/E ratio of 33.21 and a beta of 1.06.

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.