Blue Barn Wealth LLC Sells 107 Shares of First Trust Cloud Computing ETF (NASDAQ:SKYY)

Blue Barn Wealth LLC reduced its stake in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 2.9% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 3,627 shares of the company’s stock after selling 107 shares during the period. Blue Barn Wealth LLC’s holdings in First Trust Cloud Computing ETF were worth $432,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Exencial Wealth Advisors LLC boosted its position in shares of First Trust Cloud Computing ETF by 1.5% during the fourth quarter. Exencial Wealth Advisors LLC now owns 5,411 shares of the company’s stock worth $645,000 after acquiring an additional 82 shares during the last quarter. Hemington Wealth Management lifted its stake in First Trust Cloud Computing ETF by 29.6% in the 4th quarter. Hemington Wealth Management now owns 469 shares of the company’s stock worth $55,000 after purchasing an additional 107 shares in the last quarter. Captrust Financial Advisors boosted its holdings in shares of First Trust Cloud Computing ETF by 3.1% during the 3rd quarter. Captrust Financial Advisors now owns 3,869 shares of the company’s stock valued at $396,000 after purchasing an additional 116 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in shares of First Trust Cloud Computing ETF by 77.5% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 284 shares of the company’s stock valued at $34,000 after purchasing an additional 124 shares in the last quarter. Finally, Kingsview Wealth Management LLC increased its holdings in shares of First Trust Cloud Computing ETF by 0.7% in the third quarter. Kingsview Wealth Management LLC now owns 21,799 shares of the company’s stock worth $2,229,000 after purchasing an additional 152 shares during the last quarter.

First Trust Cloud Computing ETF Trading Up 1.7 %

NASDAQ:SKYY opened at $116.45 on Thursday. The business’s 50-day moving average is $123.68 and its 200 day moving average is $114.41. First Trust Cloud Computing ETF has a 12 month low of $83.45 and a 12 month high of $131.54. The company has a market capitalization of $3.58 billion, a P/E ratio of 32.02 and a beta of 1.06.

About First Trust Cloud Computing ETF

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.