Meitav Investment House Ltd. reduced its holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY – Free Report) by 53.5% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 13,955 shares of the company’s stock after selling 16,056 shares during the period. Meitav Investment House Ltd.’s holdings in First Trust Cloud Computing ETF were worth $1,408,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors also recently modified their holdings of SKYY. EdgeRock Capital LLC bought a new position in First Trust Cloud Computing ETF during the second quarter worth $33,000. VitalStone Financial LLC grew its position in First Trust Cloud Computing ETF by 44.4% in the 1st quarter. VitalStone Financial LLC now owns 465 shares of the company’s stock worth $44,000 after purchasing an additional 143 shares during the last quarter. Blue Trust Inc. bought a new position in shares of First Trust Cloud Computing ETF during the 2nd quarter worth about $48,000. Values First Advisors Inc. acquired a new position in shares of First Trust Cloud Computing ETF during the third quarter valued at about $49,000. Finally, Banque Cantonale Vaudoise acquired a new position in shares of First Trust Cloud Computing ETF during the second quarter valued at about $54,000.
First Trust Cloud Computing ETF Stock Down 0.2 %
SKYY stock opened at $106.85 on Thursday. The business’s 50-day simple moving average is $101.12 and its 200 day simple moving average is $96.07. The company has a market cap of $3.13 billion, a PE ratio of 33.21 and a beta of 1.06. First Trust Cloud Computing ETF has a twelve month low of $71.87 and a twelve month high of $108.14.
About First Trust Cloud Computing ETF
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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