First Trust Cloud Computing ETF (NASDAQ:SKYY) is Ignite Planners LLC’s 6th Largest Position

Ignite Planners LLC lessened its holdings in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 1.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 83,715 shares of the company’s stock after selling 1,261 shares during the quarter. First Trust Cloud Computing ETF makes up 2.4% of Ignite Planners LLC’s investment portfolio, making the stock its 6th largest holding. Ignite Planners LLC owned 0.22% of First Trust Cloud Computing ETF worth $6,274,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in SKYY. Vontobel Holding Ltd. boosted its position in First Trust Cloud Computing ETF by 2.0% during the first quarter. Vontobel Holding Ltd. now owns 8,365 shares of the company’s stock valued at $757,000 after purchasing an additional 165 shares during the last quarter. Prospera Financial Services Inc grew its stake in shares of First Trust Cloud Computing ETF by 1.3% in the 1st quarter. Prospera Financial Services Inc now owns 14,087 shares of the company’s stock valued at $944,000 after buying an additional 176 shares in the last quarter. Resources Investment Advisors LLC. increased its holdings in First Trust Cloud Computing ETF by 3.3% in the first quarter. Resources Investment Advisors LLC. now owns 5,686 shares of the company’s stock worth $380,000 after buying an additional 182 shares during the last quarter. VitalStone Financial LLC raised its position in First Trust Cloud Computing ETF by 88.3% during the first quarter. VitalStone Financial LLC now owns 465 shares of the company’s stock valued at $48,000 after acquiring an additional 218 shares in the last quarter. Finally, Scissortail Wealth Management LLC bought a new position in First Trust Cloud Computing ETF during the first quarter valued at approximately $1,541,806,000.

First Trust Cloud Computing ETF Trading Down 0.4 %

NASDAQ SKYY traded down $0.28 during trading on Monday, hitting $78.27. 59,795 shares of the company traded hands, compared to its average volume of 273,419. First Trust Cloud Computing ETF has a 12 month low of $54.50 and a 12 month high of $82.10. The business has a fifty day simple moving average of $78.60 and a 200 day simple moving average of $71.78. The company has a market capitalization of $2.78 billion, a P/E ratio of 20.90 and a beta of 1.06.

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.