Prime Capital Investment Advisors LLC lessened its stake in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY – Free Report) by 57.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,347 shares of the company’s stock after selling 3,116 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in First Trust Cloud Computing ETF were worth $385,000 at the end of the most recent reporting period.
Several other large investors also recently made changes to their positions in the company. GK Wealth Management LLC bought a new stake in First Trust Cloud Computing ETF in the 3rd quarter valued at about $29,000. Continuum Advisory LLC acquired a new position in First Trust Cloud Computing ETF during the 2nd quarter worth approximately $40,000. TD Waterhouse Canada Inc. raised its stake in First Trust Cloud Computing ETF by 35.2% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 307 shares of the company’s stock worth $41,000 after buying an additional 80 shares during the period. Howe & Rusling Inc. bought a new position in First Trust Cloud Computing ETF in the first quarter worth approximately $42,000. Finally, Beacon Investment Advisory Services Inc. bought a new position in First Trust Cloud Computing ETF in the second quarter worth approximately $52,000.
First Trust Cloud Computing ETF Stock Performance
Shares of First Trust Cloud Computing ETF stock opened at $167.36 on Friday. First Trust Cloud Computing ETF has a 52 week low of $103.76 and a 52 week high of $175.81. The stock has a 50 day moving average price of $164.10 and a two-hundred day moving average price of $144.13. The stock has a market capitalization of $3.51 billion, a PE ratio of 33.85 and a beta of 1.27.
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.
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