Creative Financial Designs Inc. ADV lowered its stake in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY – Free Report) by 37.7% during the fourth quarter, Holdings Channel reports. The firm owned 301 shares of the company’s stock after selling 182 shares during the period. Creative Financial Designs Inc. ADV’s holdings in First Trust Cloud Computing ETF were worth $26,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Morgan Stanley raised its holdings in First Trust Cloud Computing ETF by 1.6% during the third quarter. Morgan Stanley now owns 909,583 shares of the company’s stock worth $69,047,000 after purchasing an additional 14,175 shares in the last quarter. LPL Financial LLC raised its holdings in First Trust Cloud Computing ETF by 1.9% during the third quarter. LPL Financial LLC now owns 868,932 shares of the company’s stock worth $65,961,000 after purchasing an additional 16,393 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of First Trust Cloud Computing ETF by 6.8% in the 1st quarter. JPMorgan Chase & Co. now owns 154,711 shares of the company’s stock valued at $14,004,000 after acquiring an additional 9,810 shares during the period. PNC Financial Services Group Inc. increased its holdings in shares of First Trust Cloud Computing ETF by 2.5% in the 2nd quarter. PNC Financial Services Group Inc. now owns 148,630 shares of the company’s stock valued at $11,287,000 after acquiring an additional 3,633 shares during the period. Finally, Jane Street Group LLC increased its holdings in shares of First Trust Cloud Computing ETF by 126.8% in the 4th quarter. Jane Street Group LLC now owns 139,917 shares of the company’s stock valued at $8,061,000 after acquiring an additional 78,217 shares during the period.
First Trust Cloud Computing ETF Price Performance
Shares of First Trust Cloud Computing ETF stock opened at $96.08 on Friday. The firm’s fifty day simple moving average is $93.06 and its 200-day simple moving average is $84.53. The stock has a market capitalization of $3.20 billion, a price-to-earnings ratio of 20.90 and a beta of 1.06. First Trust Cloud Computing ETF has a 12 month low of $60.65 and a 12 month high of $97.78.
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.
See Also
Want to see what other hedge funds are holding SKYY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Cloud Computing ETF (NASDAQ:SKYY – Free Report).
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Wanda Parisien is a computing expert who navigates the vast landscape of hardware and software. With a focus on computer technology, software development, and industry trends, Wanda delivers informative content, tutorials, and analyses to keep readers updated on the latest in the world of computing.
