1832 Asset Management LP reduced its holdings in the First Trust Cloud Computing ETF (NASDAQ:SKYY – free report ) by 18.4% during the first quarter, according to its latest Form 13F filing with the SEC. The firm sold 210 shares during the quarter and now owns 934 shares of the company. 1832 Asset Management LP’s holdings in the First Trust Cloud Computing ETF were worth $89,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently modified their holdings in the company. MJP Associates Inc. ADV increased its holdings in First Trust Cloud Computing ETF by 4.0% in the first quarter. MJP Associates Inc. ADV now owns 2,703 shares of the company’s stock valued at $258,000 after purchasing an additional 105 shares during the period. Prestige Wealth Management Group LLC increased its holdings in First Trust Cloud Computing ETF by 0.3% in the fourth quarter. Prestige Wealth Management Group LLC now owns 38,748 shares of the company’s stock valued at $3,397,000 after purchasing an additional 114 shares in the last quarter. Summit Financial LLC increased its holdings in First Trust Cloud Computing ETF by 2.1% in the first quarter. Summit Financial LLC now owns 5,580 shares worth $533,000 after purchasing an additional 114 shares in the last quarter. EP Wealth Advisors LLC increased its holdings in the First Trust Cloud Computing ETF by 5.1% in the first quarter. EP Wealth Advisors LLC now owns 2,452 shares worth $234,000 after purchasing an additional 118 shares in the last quarter. Finally, International Assets Investment Management LLC increased its holdings in the First Trust Cloud Computing ETF by 3.4% in the first quarter. International Assets Investment Management LLC now owns 3,677 shares worth $351,000 after purchasing an additional 120 shares in the last quarter.
First Trust Cloud Computing ETF volume up 0.9%
NASDAQ:SKYY opened trading at $94.05 on Monday. First Trust Cloud Computing ETF’s low and high in the past 12 months are $70.42 and $97.78, respectively. The company has a market capitalization of $2.9 billion, a price-to-earnings ratio of 33.21 and a beta of 1.06. The stock’s 50-day simple moving average is $93.93 and its 200-day simple moving average is $93.42.
First Trust Cloud Computing ETF Profile
(Free report)
First Trust Cloud Computing ETF (SKYY) is an exchange-traded fund based on the ISE Cloud Computing Index. The fund tracks an index of companies involved in the cloud computing industry. Shares are modified equal weighted with a cap of 4.5%. SKYY was launched on July 5, 2011 and is managed by First Trust.
read more
Want to see if other hedge funds are holding SKYY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Cloud Computing ETF (NASDAQ:SKYY – FREE REPORT).
Get First Trust Cloud Computing ETF News and Ratings Daily – Enter your email address below to receive a concise summary of the latest news and analyst ratings on First Trust Cloud Computing ETF and related companies every day in MarketBeat.com’s free daily email newsletter.
