First Trust Cloud Computing ETF (NASDAQ:SKYY) Shares Sold by Prestige Wealth Management Group LLC

Prestige Wealth Management Group LLC reduced its stake in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 3.8% during the 2nd quarter, Holdings Channel.com reports. The firm owned 30,991 shares of the company’s stock after selling 1,213 shares during the quarter. Prestige Wealth Management Group LLC’s holdings in First Trust Cloud Computing ETF were worth $2,961,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of SKYY. MJP Associates Inc. ADV grew its position in First Trust Cloud Computing ETF by 4.0% during the first quarter. MJP Associates Inc. ADV now owns 2,703 shares of the company’s stock valued at $258,000 after buying an additional 105 shares during the period. Summit Financial LLC grew its position in shares of First Trust Cloud Computing ETF by 2.1% in the first quarter. Summit Financial LLC now owns 5,580 shares of the company’s stock valued at $533,000 after purchasing an additional 114 shares during the period. EP Wealth Advisors LLC raised its position in shares of First Trust Cloud Computing ETF by 5.1% during the 1st quarter. EP Wealth Advisors LLC now owns 2,452 shares of the company’s stock worth $234,000 after purchasing an additional 118 shares during the last quarter. International Assets Investment Management LLC lifted its stake in First Trust Cloud Computing ETF by 3.4% in the 1st quarter. International Assets Investment Management LLC now owns 3,677 shares of the company’s stock valued at $351,000 after buying an additional 120 shares in the last quarter. Finally, Emerald Advisors LLC boosted its holdings in First Trust Cloud Computing ETF by 1.6% in the 2nd quarter. Emerald Advisors LLC now owns 7,986 shares of the company’s stock worth $763,000 after buying an additional 122 shares during the last quarter.

First Trust Cloud Computing ETF Stock Down 2.0 %

Shares of First Trust Cloud Computing ETF stock traded down $1.95 during mid-day trading on Friday, reaching $93.47. 84,566 shares of the stock traded hands, compared to its average volume of 150,531. The stock has a market capitalization of $2.87 billion, a PE ratio of 33.21 and a beta of 1.06. The business has a 50-day moving average of $94.82 and a 200 day moving average of $94.02. First Trust Cloud Computing ETF has a fifty-two week low of $70.42 and a fifty-two week high of $98.50.

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.