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ICA Group Wealth Management LLC lowered its position in First Trust Cloud Computing ETF (NASDAQ:SKYY – Free Report) by 12.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,834 shares of the company’s stock after selling 1,159 shares during the period. ICA Group Wealth Management LLC’s holdings in First Trust Cloud Computing ETF were worth $687,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors also recently bought and sold shares of the business. LPL Financial LLC increased its stake in shares of First Trust Cloud Computing ETF by 1.9% in the third quarter. LPL Financial LLC now owns 868,932 shares of the company’s stock worth $65,961,000 after acquiring an additional 16,393 shares during the period. International Assets Investment Management LLC raised its stake in shares of First Trust Cloud Computing ETF by 8,785.2% during the 4th quarter. International Assets Investment Management LLC now owns 311,870 shares of the company’s stock valued at $27,342,000 after buying an additional 308,360 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in shares of First Trust Cloud Computing ETF by 1.6% in the 4th quarter. Wells Fargo & Company MN now owns 297,788 shares of the company’s stock valued at $26,107,000 after buying an additional 4,739 shares during the period. Raymond James & Associates boosted its stake in shares of First Trust Cloud Computing ETF by 5.7% in the fourth quarter. Raymond James & Associates now owns 147,672 shares of the company’s stock worth $12,946,000 after buying an additional 7,914 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its stake in shares of First Trust Cloud Computing ETF by 21.4% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 138,730 shares of the company’s stock worth $12,162,000 after buying an additional 24,473 shares during the last quarter.
Shares of SKYY stock opened at $91.88 on Monday. First Trust Cloud Computing ETF has a twelve month low of $70.42 and a twelve month high of $97.78. The stock has a market cap of $2.97 billion, a P/E ratio of 33.21 and a beta of 1.06. The stock has a 50 day moving average of $92.91 and a 200 day moving average of $91.52.
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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