Financial Advocates Investment Management trimmed its holdings in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY – Free Report) by 9.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,447 shares of the company’s stock after selling 929 shares during the quarter. Financial Advocates Investment Management’s holdings in First Trust Cloud Computing ETF were worth $864,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SKYY. EdgeRock Capital LLC acquired a new position in shares of First Trust Cloud Computing ETF in the 2nd quarter valued at about $33,000. VitalStone Financial LLC increased its stake in First Trust Cloud Computing ETF by 44.4% during the 1st quarter. VitalStone Financial LLC now owns 465 shares of the company’s stock worth $44,000 after buying an additional 143 shares in the last quarter. Values First Advisors Inc. purchased a new stake in First Trust Cloud Computing ETF during the 3rd quarter worth approximately $49,000. Blue Trust Inc. purchased a new stake in First Trust Cloud Computing ETF during the 2nd quarter worth approximately $48,000. Finally, Banque Cantonale Vaudoise purchased a new stake in First Trust Cloud Computing ETF during the 2nd quarter worth approximately $54,000.
First Trust Cloud Computing ETF Trading Up 2.0 %
NASDAQ:SKYY opened at $107.37 on Friday. First Trust Cloud Computing ETF has a 12 month low of $73.12 and a 12 month high of $108.14. The stock has a 50 day moving average of $101.48 and a two-hundred day moving average of $96.25. The firm has a market cap of $3.15 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.
Recommended Stories
- Five stocks we like better than First Trust Cloud Computing ETF
- How Investors Can Find the Best Cheap Dividend Stocks
- Energy Vault Soars 100%: CEO Shares Why in MarketBeat Exclusive
- How to Buy Cheap Stocks Step by Step
- Meta’s Q3 Earnings Beat—Is This Dip a Golden Entry Opportunity?
- Using the MarketBeat Dividend Yield Calculator
- Top Nuclear Stocks Thriving on Soaring Energy Demand
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).
Receive News & Ratings for First Trust Cloud Computing ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Cloud Computing ETF and related companies with MarketBeat.com's FREE daily email newsletter.
