Y.D. More Investments Ltd Reduces Stake in First Trust Cloud Computing ETF (NASDAQ:SKYY)

Y.D. More Investments Ltd lessened its position in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 66.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 240 shares of the company’s stock after selling 470 shares during the quarter. Y.D. More Investments Ltd’s holdings in First Trust Cloud Computing ETF were worth $29,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Stratos Wealth Advisors LLC purchased a new position in shares of First Trust Cloud Computing ETF during the 4th quarter worth $314,000. James J. Burns & Company LLC raised its holdings in First Trust Cloud Computing ETF by 4.2% in the 4th quarter. James J. Burns & Company LLC now owns 5,117 shares of the company’s stock worth $609,000 after purchasing an additional 208 shares during the period. Spire Wealth Management lifted its position in First Trust Cloud Computing ETF by 35.5% during the fourth quarter. Spire Wealth Management now owns 9,576 shares of the company’s stock valued at $1,141,000 after purchasing an additional 2,507 shares in the last quarter. Fifth Third Securities Inc. grew its holdings in First Trust Cloud Computing ETF by 55.5% during the fourth quarter. Fifth Third Securities Inc. now owns 3,071 shares of the company’s stock valued at $366,000 after purchasing an additional 1,096 shares during the period. Finally, Synergy Asset Management LLC purchased a new stake in First Trust Cloud Computing ETF in the fourth quarter worth about $1,941,000.

First Trust Cloud Computing ETF Stock Down 0.6 %

NASDAQ SKYY opened at $129.20 on Friday. The stock’s 50-day moving average price is $123.89 and its 200-day moving average price is $109.98. The company has a market capitalization of $3.97 billion, a P/E ratio of 33.21 and a beta of 1.06. First Trust Cloud Computing ETF has a 52 week low of $83.45 and a 52 week high of $131.13.

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.