Creative Planning Cuts Stock Holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY)

Creative Planning lowered its stake in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 47.1% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 6,245 shares of the company’s stock after selling 5,560 shares during the period. Creative Planning’s holdings in First Trust Cloud Computing ETF were worth $465,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Global Retirement Partners LLC grew its position in First Trust Cloud Computing ETF by 107.1% during the 2nd quarter. Global Retirement Partners LLC now owns 350 shares of the company’s stock worth $26,000 after acquiring an additional 181 shares during the last quarter. Wealthcare Advisory Partners LLC boosted its stake in shares of First Trust Cloud Computing ETF by 256.1% during the first quarter. Wealthcare Advisory Partners LLC now owns 470 shares of the company’s stock valued at $26,000 after purchasing an additional 338 shares during the period. Verus Capital Partners LLC bought a new position in shares of First Trust Cloud Computing ETF in the fourth quarter worth approximately $53,000. Watson Rebecca purchased a new position in shares of First Trust Cloud Computing ETF in the second quarter worth $77,000. Finally, Royal Fund Management LLC bought a new stake in First Trust Cloud Computing ETF during the 1st quarter valued at $60,000.

Shares of First Trust Cloud Computing ETF stock opened at $78.03 on Friday. The company’s fifty day simple moving average is $74.54 and its two-hundred day simple moving average is $65.14. First Trust Cloud Computing ETF has a 12-month low of $45.00 and a 12-month high of $78.92.

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Institutional Ownership by Quarter for First Trust Cloud Computing ETF (NASDAQ:SKYY)

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