Meitav Investment House Ltd. decreased its holdings in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY – Free Report) by 79.6% during the first quarter, according to its most recent filing with the SEC. The firm owned 5,945 shares of the company’s stock after selling 23,130 shares during the period. Meitav Investment House Ltd.’s holdings in First Trust Cloud Computing ETF were worth $650,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of SKYY. Parallel Advisors LLC boosted its stake in shares of First Trust Cloud Computing ETF by 97.0% during the third quarter. Parallel Advisors LLC now owns 197 shares of the company’s stock valued at $26,000 after purchasing an additional 97 shares in the last quarter. N.E.W. Advisory Services LLC purchased a new stake in First Trust Cloud Computing ETF during the fourth quarter worth $30,000. Franklin Resources Inc. bought a new stake in First Trust Cloud Computing ETF during the 4th quarter valued at $33,000. Capital Advisors Ltd. LLC bought a new stake in First Trust Cloud Computing ETF during the 1st quarter valued at $35,000. Finally, Russell Investments Group Ltd. increased its holdings in shares of First Trust Cloud Computing ETF by 177.9% in the 4th quarter. Russell Investments Group Ltd. now owns 289 shares of the company’s stock valued at $38,000 after acquiring an additional 185 shares during the period.
First Trust Cloud Computing ETF Trading Up 1.1%
SKYY opened at $139.01 on Wednesday. The firm has a market cap of $2.81 billion, a price-to-earnings ratio of 33.85 and a beta of 1.24. First Trust Cloud Computing ETF has a 12 month low of $103.76 and a 12 month high of $155.76. The stock has a fifty day moving average price of $132.89 and a 200-day moving average price of $123.07.
First Trust Cloud Computing ETF 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
- Apple and Broadcom Forge a Decade-Long Silicon Fortress
- SK Hynix’s Nasdaq Listing Could Reset the AI Memory Trade
- The AI Chip Sell-Off Looks Scary, But the Real Story May Be Liquidity
- Palantir’s CEO Just Called Out OpenAI and Anthropic
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.
