First Trust Cloud Computing ETF (NASDAQ:SKYY) Shares Sold by 1776 Wealth LLC

1776 Wealth LLC lowered its holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 4.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,594 shares of the company’s stock after selling 533 shares during the quarter. 1776 Wealth LLC’s holdings in First Trust Cloud Computing ETF were worth $1,083,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. EP Wealth Advisors LLC raised its holdings in First Trust Cloud Computing ETF by 5.1% in the 1st quarter. EP Wealth Advisors LLC now owns 2,452 shares of the company’s stock worth $234,000 after purchasing an additional 118 shares during the period. Emerald Advisors LLC lifted its holdings in First Trust Cloud Computing ETF by 1.6% during the second quarter. Emerald Advisors LLC now owns 7,986 shares of the company’s stock valued at $763,000 after purchasing an additional 122 shares in the last quarter. CWM LLC grew its position in shares of First Trust Cloud Computing ETF by 1.1% in the third quarter. CWM LLC now owns 13,422 shares of the company’s stock valued at $1,373,000 after purchasing an additional 145 shares during the period. Benjamin F. Edwards & Company Inc. increased its stake in First Trust Cloud Computing ETF by 0.3% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 53,563 shares of the company’s stock worth $5,117,000 after buying an additional 159 shares in the last quarter. Finally, 1832 Asset Management L.P. raised its stake in First Trust Cloud Computing ETF by 20.1% in the 2nd quarter. 1832 Asset Management L.P. now owns 1,122 shares of the company’s stock valued at $107,000 after purchasing an additional 188 shares during the last quarter.

First Trust Cloud Computing ETF Stock Down 2.2 %

SKYY traded down $2.61 during trading on Friday, reaching $115.58. The company’s stock had a trading volume of 127,012 shares, compared to its average volume of 148,009. The company has a market cap of $3.39 billion, a price-to-earnings ratio of 33.21 and a beta of 1.06. The firm has a fifty day simple moving average of $105.37 and a two-hundred day simple moving average of $97.94. First Trust Cloud Computing ETF has a 1 year low of $78.14 and a 1 year high of $121.59.

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.