Ameritas Advisory Services LLC Decreases Stock Holdings in First Trust Cloud Computing ETF $SKYY

Ameritas Advisory Services LLC trimmed its stake in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 23.0% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 17,073 shares of the company’s stock after selling 5,112 shares during the period. Ameritas Advisory Services LLC owned approximately 0.06% of First Trust Cloud Computing ETF worth $2,077,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the stock. Peterson Wealth Management raised its holdings in shares of First Trust Cloud Computing ETF by 0.7% during the first quarter. Peterson Wealth Management now owns 13,589 shares of the company’s stock valued at $1,389,000 after purchasing an additional 96 shares during the last quarter. Banco Santander S.A. raised its holdings in shares of First Trust Cloud Computing ETF by 4.9% during the first quarter. Banco Santander S.A. now owns 2,580 shares of the company’s stock valued at $264,000 after purchasing an additional 120 shares during the last quarter. Edmond DE Rothschild Holding S.A. raised its holdings in shares of First Trust Cloud Computing ETF by 4.6% during the first quarter. Edmond DE Rothschild Holding S.A. now owns 2,821 shares of the company’s stock valued at $288,000 after purchasing an additional 125 shares during the last quarter. Trivium Point Advisory LLC raised its holdings in shares of First Trust Cloud Computing ETF by 0.4% during the second quarter. Trivium Point Advisory LLC now owns 33,206 shares of the company’s stock valued at $4,039,000 after purchasing an additional 127 shares during the last quarter. Finally, Pinnacle Associates Ltd. increased its holdings in First Trust Cloud Computing ETF by 2.9% during the first quarter. Pinnacle Associates Ltd. now owns 4,732 shares of the company’s stock valued at $484,000 after buying an additional 133 shares during the last quarter.

First Trust Cloud Computing ETF Trading Down 0.5%

Shares of SKYY stock opened at $135.06 on Friday. First Trust Cloud Computing ETF has a 12 month low of $85.38 and a 12 month high of $138.82. The stock has a market cap of $3.87 billion, a P/E ratio of 33.85 and a beta of 1.06. The company has a 50 day simple moving average of $127.80 and a two-hundred day simple moving average of $117.02.

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.