Anfield Capital Management LLC Decreases Position in First Trust Cloud Computing ETF (NASDAQ:SKYY)

Anfield Capital Management LLC cut its stake in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 43.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,924 shares of the company’s stock after selling 10,795 shares during the period. Anfield Capital Management LLC’s holdings in First Trust Cloud Computing ETF were worth $1,221,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. VitalStone Financial LLC raised its position in First Trust Cloud Computing ETF by 144.8% during the third quarter. VitalStone Financial LLC now owns 350 shares of the company’s stock valued at $27,000 after purchasing an additional 207 shares during the period. Whittier Trust Co. purchased a new stake in shares of First Trust Cloud Computing ETF in the third quarter worth approximately $28,000. Anchor Investment Management LLC purchased a new stake in shares of First Trust Cloud Computing ETF in the fourth quarter worth approximately $40,000. GAMMA Investing LLC purchased a new stake in shares of First Trust Cloud Computing ETF in the fourth quarter worth approximately $45,000. Finally, Blue Bell Private Wealth Management LLC raised its holdings in shares of First Trust Cloud Computing ETF by 37.7% in the fourth quarter. Blue Bell Private Wealth Management LLC now owns 720 shares of the company’s stock worth $63,000 after buying an additional 197 shares during the period.

First Trust Cloud Computing ETF Stock Performance

Shares of NASDAQ SKYY opened at $92.99 on Friday. The business’s 50 day moving average price is $94.02 and its 200-day moving average price is $87.33. First Trust Cloud Computing ETF has a fifty-two week low of $60.65 and a fifty-two week high of $97.78. The company has a market cap of $3.01 billion, a price-to-earnings ratio of 35.15 and a beta of 1.06.

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.