Kestra Advisory Services LLC decreased its holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY – Free Report) by 36.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 61,861 shares of the company’s stock after selling 35,652 shares during the quarter. Kestra Advisory Services LLC owned 0.30% of First Trust Cloud Computing ETF worth $10,145,000 at the end of the most recent reporting period.
A number of other hedge funds also recently bought and sold shares of the business. TD Waterhouse Canada Inc. raised its position in First Trust Cloud Computing ETF by 35.2% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 307 shares of the company’s stock worth $41,000 after buying an additional 80 shares during the last quarter. Arkadios Wealth Advisors grew its stake in shares of First Trust Cloud Computing ETF by 2.6% during the 1st quarter. Arkadios Wealth Advisors now owns 4,577 shares of the company’s stock worth $501,000 after purchasing an additional 116 shares during the period. GK Wealth Management LLC acquired a new position in shares of First Trust Cloud Computing ETF during the 3rd quarter worth $29,000. Rathbones Group PLC increased its holdings in shares of First Trust Cloud Computing ETF by 2.3% in the 1st quarter. Rathbones Group PLC now owns 8,086 shares of the company’s stock valued at $884,000 after purchasing an additional 179 shares in the last quarter. Finally, Boyce & Associates Wealth Consulting Inc. increased its holdings in shares of First Trust Cloud Computing ETF by 11.7% in the 3rd quarter. Boyce & Associates Wealth Consulting Inc. now owns 2,566 shares of the company’s stock valued at $421,000 after purchasing an additional 269 shares in the last quarter.
First Trust Cloud Computing ETF Trading Up 2.9%
NASDAQ SKYY opened at $150.71 on Tuesday. The stock has a market cap of $3.11 billion, a P/E ratio of 26.23 and a beta of 1.27. The company’s fifty day simple moving average is $163.62 and its 200-day simple moving average is $137.37. First Trust Cloud Computing ETF has a 52 week low of $103.76 and a 52 week high of $175.81.
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.
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