First Trust Cloud Computing ETF (NASDAQ:SKYY) Shares Sold by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. decreased its position in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 7.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 22,392 shares of the company’s stock after selling 1,760 shares during the quarter. Stratos Wealth Partners LTD. owned 0.07% of First Trust Cloud Computing ETF worth $2,667,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the company. Morse Asset Management Inc acquired a new stake in shares of First Trust Cloud Computing ETF in the 3rd quarter valued at $40,000. Values First Advisors Inc. purchased a new position in First Trust Cloud Computing ETF in the third quarter valued at $49,000. Wilmington Savings Fund Society FSB acquired a new stake in First Trust Cloud Computing ETF in the third quarter valued at $65,000. GAMMA Investing LLC lifted its holdings in First Trust Cloud Computing ETF by 37.2% during the 3rd quarter. GAMMA Investing LLC now owns 738 shares of the company’s stock worth $75,000 after buying an additional 200 shares during the last quarter. Finally, Eastern Bank acquired a new position in shares of First Trust Cloud Computing ETF during the 4th quarter worth about $114,000.

First Trust Cloud Computing ETF Stock Down 0.2 %

SKYY stock opened at $128.94 on Friday. The business has a 50 day moving average price of $124.04 and a 200 day moving average price of $110.11. The stock has a market cap of $3.96 billion, a price-to-earnings ratio of 33.21 and a beta of 1.06. 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.