NORTHSTAR ASSET MANAGEMENT Co LLC Has $6.03 Million Stock Position in First Trust Cloud Computing ETF (NASDAQ:SKYY)

NORTHSTAR ASSET MANAGEMENT Co LLC cut its position in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 1.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 50,595 shares of the company’s stock after selling 500 shares during the period. First Trust Cloud Computing ETF accounts for approximately 1.4% of NORTHSTAR ASSET MANAGEMENT Co LLC’s investment portfolio, making the stock its 17th biggest holding. NORTHSTAR ASSET MANAGEMENT Co LLC owned about 0.17% of First Trust Cloud Computing ETF worth $6,027,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SKYY. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of First Trust Cloud Computing ETF by 77.5% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 284 shares of the company’s stock valued at $34,000 after buying an additional 124 shares in the last quarter. Morse Asset Management Inc acquired a new stake in shares of First Trust Cloud Computing ETF in the 3rd quarter worth about $40,000. Values First Advisors Inc. bought a new position in First Trust Cloud Computing ETF in the 3rd quarter valued at about $49,000. Wilmington Savings Fund Society FSB acquired a new position in First Trust Cloud Computing ETF during the 3rd quarter valued at about $65,000. Finally, GAMMA Investing LLC boosted its stake in First Trust Cloud Computing ETF by 37.2% during the 3rd quarter. GAMMA Investing LLC now owns 738 shares of the company’s stock valued at $75,000 after purchasing an additional 200 shares during the last quarter.

First Trust Cloud Computing ETF Stock Down 0.2 %

Shares of First Trust Cloud Computing ETF stock opened at $128.94 on Monday. First Trust Cloud Computing ETF has a 52 week low of $83.45 and a 52 week high of $131.13. The business has a 50 day moving average price of $124.18 and a 200-day moving average price of $110.45. The company has a market cap of $3.96 billion, a PE ratio of 33.21 and a beta of 1.06.

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.