First Trust Cloud Computing ETF (NASDAQ:SKYY) Shares Sold by PFG Investments LLC

PFG Investments LLC reduced its stake in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 3.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,635 shares of the company’s stock after selling 199 shares during the quarter. PFG Investments LLC’s holdings in First Trust Cloud Computing ETF were worth $494,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Vontobel Holding Ltd. grew 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 worth $757,000 after buying an additional 165 shares during the period. Prospera Financial Services Inc grew its position in shares of First Trust Cloud Computing ETF by 1.3% in the first quarter. Prospera Financial Services Inc now owns 14,087 shares of the company’s stock valued at $944,000 after purchasing an additional 176 shares during the last quarter. Captrust Financial Advisors grew its position in shares of First Trust Cloud Computing ETF by 5.1% in the second quarter. Captrust Financial Advisors now owns 4,131 shares of the company’s stock valued at $314,000 after purchasing an additional 200 shares during the last quarter. VitalStone Financial LLC grew its position in shares of First Trust Cloud Computing ETF by 144.8% in the third quarter. VitalStone Financial LLC now owns 350 shares of the company’s stock valued at $27,000 after purchasing an additional 207 shares during the last quarter. Finally, Valmark Advisers Inc. grew its position in shares of First Trust Cloud Computing ETF by 8.8% in the third quarter. Valmark Advisers Inc. now owns 3,417 shares of the company’s stock valued at $259,000 after purchasing an additional 275 shares during the last quarter.

First Trust Cloud Computing ETF Price Performance

SKYY stock opened at $95.62 on Thursday. The company’s 50 day simple moving average is $93.57 and its 200-day simple moving average is $84.84. The firm has a market capitalization of $3.18 billion, a PE ratio of 20.90 and a beta of 1.06. First Trust Cloud Computing ETF has a 12 month low of $60.65 and a 12 month high of $97.78.

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.