Janney Montgomery Scott LLC decreased its position in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY – Free Report) by 5.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 48,494 shares of the company’s stock after selling 2,813 shares during the period. Janney Montgomery Scott LLC owned approximately 0.16% of First Trust Cloud Computing ETF worth $5,777,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors have also made changes to their positions in the company. Morse Asset Management Inc purchased a new stake in shares of First Trust Cloud Computing ETF during the third quarter valued at $40,000. Values First Advisors Inc. bought a new stake in First Trust Cloud Computing ETF during the 3rd quarter valued at about $49,000. Wilmington Savings Fund Society FSB purchased a new stake in First Trust Cloud Computing ETF in the 3rd quarter valued at about $65,000. Anchor Investment Management LLC grew its stake in First Trust Cloud Computing ETF by 53.4% in the 2nd quarter. Anchor Investment Management LLC now owns 675 shares of the company’s stock worth $64,000 after acquiring an additional 235 shares in the last quarter. Finally, GAMMA Investing LLC increased its position in shares of First Trust Cloud Computing ETF by 37.2% during the third quarter. GAMMA Investing LLC now owns 738 shares of the company’s stock worth $75,000 after acquiring an additional 200 shares during the period.
First Trust Cloud Computing ETF Stock Performance
First Trust Cloud Computing ETF stock opened at $127.50 on Thursday. The company has a market capitalization of $3.86 billion, a PE ratio of 33.21 and a beta of 1.06. The company has a 50 day moving average price of $123.10 and a 200-day moving average price of $108.68. First Trust Cloud Computing ETF has a fifty-two week low of $83.45 and a fifty-two week high of $131.13.
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.
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