Oppenheimer & Co. Inc. Decreases Stock Position in First Trust Cloud Computing ETF (NASDAQ:SKYY)

Oppenheimer & Co. Inc. decreased its position in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 22.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,111 shares of the company’s stock after selling 6,574 shares during the period. Oppenheimer & Co. Inc.’s holdings in First Trust Cloud Computing ETF were worth $2,363,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. EP Wealth Advisors LLC grew its holdings in 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 valued at $234,000 after buying an additional 118 shares in the last quarter. PEAK6 Investments LLC raised its stake in First Trust Cloud Computing ETF by 71.5% during the first quarter. PEAK6 Investments LLC now owns 6,534 shares of the company’s stock valued at $625,000 after purchasing an additional 2,724 shares in the last quarter. Cetera Investment Advisers lifted its position in First Trust Cloud Computing ETF by 1,277.0% during the first quarter. Cetera Investment Advisers now owns 74,135 shares of the company’s stock valued at $7,087,000 after purchasing an additional 68,751 shares during the last quarter. Cetera Advisors LLC grew its stake in shares of First Trust Cloud Computing ETF by 16.9% in the 1st quarter. Cetera Advisors LLC now owns 16,454 shares of the company’s stock worth $1,573,000 after buying an additional 2,380 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of First Trust Cloud Computing ETF by 4.9% in the 1st quarter. EverSource Wealth Advisors LLC now owns 20,550 shares of the company’s stock worth $1,862,000 after buying an additional 954 shares during the last quarter.

First Trust Cloud Computing ETF Trading Down 2.2 %

Shares of NASDAQ SKYY opened at $115.58 on Friday. The stock has a market capitalization of $3.39 billion, a price-to-earnings ratio of 33.21 and a beta of 1.06. First Trust Cloud Computing ETF has a 12-month low of $78.14 and a 12-month high of $121.59. The firm’s 50-day moving average price is $105.37 and its 200-day moving average price is $97.94.

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.