Sigma Planning Corp lessened its stake in First Trust Cloud Computing ETF (NASDAQ:SKYY – Free Report) by 42.2% during the 4th quarter, HoldingsChannel reports. The firm owned 11,532 shares of the company’s stock after selling 8,419 shares during the quarter. Sigma Planning Corp’s holdings in First Trust Cloud Computing ETF were worth $1,011,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also bought and sold shares of the company. VitalStone Financial LLC boosted its position in First Trust Cloud Computing ETF by 144.8% in the 3rd quarter. VitalStone Financial LLC now owns 350 shares of the company’s stock worth $27,000 after purchasing an additional 207 shares in the last quarter. Whittier Trust Co. purchased a new stake in First Trust Cloud Computing ETF in the 3rd quarter worth approximately $28,000. Anchor Investment Management LLC purchased a new stake in First Trust Cloud Computing ETF in the 4th quarter worth approximately $40,000. Blue Bell Private Wealth Management LLC boosted its position in First Trust Cloud Computing ETF by 37.7% in the 4th quarter. Blue Bell Private Wealth Management LLC now owns 720 shares of the company’s stock worth $63,000 after purchasing an additional 197 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC purchased a new stake in First Trust Cloud Computing ETF in the 3rd quarter worth approximately $125,000.
First Trust Cloud Computing ETF Price Performance
Shares of SKYY stock opened at $92.22 on Wednesday. The company has a market cap of $3.00 billion, a price-to-earnings ratio of 35.15 and a beta of 1.06. The stock has a 50 day simple moving average of $94.14 and a 200-day simple moving average of $87.15. First Trust Cloud Computing ETF has a 1-year low of $60.65 and a 1-year high of $97.78.
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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Want to see what 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).
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