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

Sigma Planning Corp trimmed its stake in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 11.0% during the 4th quarter, Holdings Channel reports. The firm owned 16,326 shares of the company’s stock after selling 2,008 shares during the quarter. Sigma Planning Corp’s holdings in First Trust Cloud Computing ETF were worth $1,945,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Hemington Wealth Management increased its position in shares of First Trust Cloud Computing ETF by 29.6% during the 4th quarter. Hemington Wealth Management now owns 469 shares of the company’s stock valued at $55,000 after purchasing an additional 107 shares during the last quarter. Captrust Financial Advisors grew its position in First Trust Cloud Computing ETF by 3.1% during the third quarter. Captrust Financial Advisors now owns 3,869 shares of the company’s stock valued at $396,000 after acquiring an additional 116 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in 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 acquiring an additional 124 shares during the last quarter. Kingsview Wealth Management LLC grew its position in First Trust Cloud Computing ETF by 0.7% during the third quarter. Kingsview Wealth Management LLC now owns 21,799 shares of the company’s stock valued at $2,229,000 after acquiring an additional 152 shares during the last quarter. Finally, Kestra Private Wealth Services LLC grew its position in First Trust Cloud Computing ETF by 2.1% during the fourth quarter. Kestra Private Wealth Services LLC now owns 8,913 shares of the company’s stock valued at $1,062,000 after acquiring an additional 183 shares during the last quarter.

First Trust Cloud Computing ETF Stock Performance

SKYY stock opened at $121.78 on Monday. First Trust Cloud Computing ETF has a 52 week low of $83.45 and a 52 week high of $131.54. The firm’s fifty day moving average is $124.68 and its 200 day moving average is $113.21. The firm has a market cap of $3.74 billion, a P/E 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.