Cascade Investment Group Inc. Has $2.84 Million Holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY)

Cascade Investment Group Inc. cut its stake in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 1.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,812 shares of the company’s stock after selling 250 shares during the period. First Trust Cloud Computing ETF accounts for 2.0% of Cascade Investment Group Inc.’s investment portfolio, making the stock its 7th largest holding. Cascade Investment Group Inc.’s holdings in First Trust Cloud Computing ETF were worth $2,836,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Merit Financial Group LLC lifted its stake in shares of First Trust Cloud Computing ETF by 7.0% in the 4th quarter. Merit Financial Group LLC now owns 5,630 shares of the company’s stock valued at $671,000 after purchasing an additional 366 shares during the period. Wealthcare Advisory Partners LLC increased its holdings in First Trust Cloud Computing ETF by 29.1% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 3,984 shares of the company’s stock worth $475,000 after purchasing an additional 899 shares in the last quarter. RDA Financial Network acquired a new position in First Trust Cloud Computing ETF in the fourth quarter valued at approximately $207,000. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of First Trust Cloud Computing ETF by 4,515.5% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 7,431 shares of the company’s stock worth $885,000 after buying an additional 7,270 shares in the last quarter. Finally, Park Avenue Securities LLC acquired a new stake in shares of First Trust Cloud Computing ETF during the 4th quarter worth approximately $697,000.

First Trust Cloud Computing ETF Stock Up 0.5 %

First Trust Cloud Computing ETF stock opened at $122.22 on Monday. The company has a market capitalization of $3.74 billion, a PE ratio of 33.21 and a beta of 1.06. First Trust Cloud Computing ETF has a 12-month low of $83.45 and a 12-month high of $131.13. The firm’s fifty day moving average is $122.01 and its 200 day moving average is $107.24.

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.