B. Riley Wealth Advisors Inc. decreased its holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY – Free Report) by 7.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,482 shares of the company’s stock after selling 2,823 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in First Trust Cloud Computing ETF were worth $3,401,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also modified their holdings of the company. EdgeRock Capital LLC acquired a new position in First Trust Cloud Computing ETF during the 2nd quarter worth $33,000. Morse Asset Management Inc purchased a new stake in shares of First Trust Cloud Computing ETF during the third quarter worth approximately $40,000. Blue Trust Inc. acquired a new stake in First Trust Cloud Computing ETF in the second quarter valued at approximately $48,000. Values First Advisors Inc. purchased a new position in First Trust Cloud Computing ETF in the third quarter worth approximately $49,000. Finally, Banque Cantonale Vaudoise acquired a new position in First Trust Cloud Computing ETF during the 2nd quarter worth approximately $54,000.
First Trust Cloud Computing ETF Stock Down 1.2 %
Shares of SKYY opened at $125.45 on Friday. First Trust Cloud Computing ETF has a 52-week low of $83.06 and a 52-week high of $131.13. The stock has a 50 day moving average price of $114.75 and a 200 day moving average price of $102.02. The company has a market capitalization of $3.68 billion, a price-to-earnings ratio of 33.21 and a beta of 1.06.
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.
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