Kestra Private Wealth Services LLC trimmed its position in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY – Free Report) by 85.8% in the 3rd quarter, Holdings Channel.com reports. The firm owned 10,189 shares of the company’s stock after selling 61,525 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in First Trust Cloud Computing ETF were worth $1,671,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also bought and sold shares of the company. Independent Financial Group LLC purchased a new stake in shares of First Trust Cloud Computing ETF during the first quarter worth $5,003,000. Risk Paradigm Group LLC bought a new position in shares of First Trust Cloud Computing ETF in the second quarter worth approximately $5,449,000. Baird Financial Group Inc. raised its stake in First Trust Cloud Computing ETF by 4,889.0% in the second quarter. Baird Financial Group Inc. now owns 100,130 shares of the company’s stock valued at $13,473,000 after purchasing an additional 98,123 shares in the last quarter. Kraft Davis & Associates LLC lifted its position in First Trust Cloud Computing ETF by 112.7% during the second quarter. Kraft Davis & Associates LLC now owns 6,463 shares of the company’s stock valued at $870,000 after purchasing an additional 3,425 shares during the last quarter. Finally, Navellier & Associates Inc. bought a new stake in First Trust Cloud Computing ETF during the second quarter valued at approximately $8,552,000.
First Trust Cloud Computing ETF Price Performance
SKYY stock opened at $147.08 on Friday. The firm has a 50 day simple moving average of $164.31 and a two-hundred day simple moving average of $137.09. The stock has a market cap of $3.04 billion, a PE ratio of 33.85 and a beta of 1.27. First Trust Cloud Computing ETF has a one year low of $103.76 and a one year high of $175.81.
About First Trust Cloud Computing ETF
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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