Prairie Wealth Advisors Inc. lessened its holdings in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY – Free Report) by 2.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,907 shares of the company’s stock after selling 100 shares during the period. Prairie Wealth Advisors Inc.’s holdings in First Trust Cloud Computing ETF were worth $585,000 as of its most recent SEC filing.
A number of other hedge funds have also recently made changes to their positions in SKYY. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of First Trust Cloud Computing ETF by 77.5% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 284 shares of the company’s stock worth $34,000 after purchasing an additional 124 shares during the period. Morse Asset Management Inc acquired a new position in shares of First Trust Cloud Computing ETF during the third quarter worth approximately $40,000. Values First Advisors Inc. acquired a new stake in First Trust Cloud Computing ETF in the 3rd quarter valued at approximately $49,000. Wilmington Savings Fund Society FSB bought a new stake in First Trust Cloud Computing ETF during the 3rd quarter valued at $65,000. Finally, GAMMA Investing LLC boosted its position 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 acquiring an additional 200 shares during the period.
First Trust Cloud Computing ETF Trading Down 0.6 %
Shares of NASDAQ:SKYY opened at $129.20 on Friday. First Trust Cloud Computing ETF has a twelve month low of $83.45 and a twelve month high of $131.13. The firm has a market cap of $3.97 billion, a P/E ratio of 33.21 and a beta of 1.06. The company has a 50 day moving average of $123.89 and a 200-day moving average of $109.98.
First Trust Cloud Computing ETF 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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