Sigma Planning Corp Sells 2,008 Shares of First Trust Cloud Computing ETF (NASDAQ:SKYY)

Sigma Planning Corp lowered its holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 11.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,326 shares of the company’s stock after selling 2,008 shares during the period. Sigma Planning Corp owned approximately 0.05% of First Trust Cloud Computing ETF worth $1,945,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of SKYY. International Assets Investment Management LLC boosted its stake in First Trust Cloud Computing ETF by 11,038.7% in the 3rd quarter. International Assets Investment Management LLC now owns 412,243 shares of the company’s stock worth $42,156,000 after purchasing an additional 408,542 shares during the period. PNC Financial Services Group Inc. increased its position in shares of First Trust Cloud Computing ETF by 86.2% during the third quarter. PNC Financial Services Group Inc. now owns 177,430 shares of the company’s stock valued at $18,144,000 after buying an additional 82,121 shares during the period. Benjamin Edwards Inc. bought a new stake in shares of First Trust Cloud Computing ETF during the third quarter valued at about $5,373,000. Private Advisor Group LLC increased its position in shares of First Trust Cloud Computing ETF by 34.2% during the fourth quarter. Private Advisor Group LLC now owns 161,588 shares of the company’s stock valued at $19,248,000 after buying an additional 41,222 shares during the period. Finally, Plotkin Financial Advisors LLC bought a new stake in shares of First Trust Cloud Computing ETF during the third quarter valued at about $3,062,000.

First Trust Cloud Computing ETF Trading Down 3.8 %

First Trust Cloud Computing ETF stock opened at $121.78 on Monday. The firm’s 50 day simple moving average is $124.68 and its 200 day simple moving average is $113.21. The firm has a market capitalization of $3.74 billion, a PE ratio of 33.21 and a beta of 1.06. First Trust Cloud Computing ETF has a 1-year low of $83.45 and a 1-year high of $131.54.

First Trust Cloud Computing ETF Company 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.