Bank Hapoalim BM Sells 265 Shares of First Trust Cloud Computing ETF $SKYY

Bank Hapoalim BM decreased its stake in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 3.4% in the second quarter, Holdings Channel.com reports. The fund owned 7,495 shares of the company’s stock after selling 265 shares during the period. Bank Hapoalim BM’s holdings in First Trust Cloud Computing ETF were worth $912,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of First Trust Cloud Computing ETF by 69.4% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 481 shares of the company’s stock worth $50,000 after acquiring an additional 197 shares during the last quarter. Farther Finance Advisors LLC boosted its position in shares of First Trust Cloud Computing ETF by 615.4% during the first quarter. Farther Finance Advisors LLC now owns 279 shares of the company’s stock worth $29,000 after acquiring an additional 240 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in shares of First Trust Cloud Computing ETF by 15.7% during the first quarter. Janney Montgomery Scott LLC now owns 56,108 shares of the company’s stock worth $5,736,000 after acquiring an additional 7,614 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC boosted its position in shares of First Trust Cloud Computing ETF by 7.6% during the first quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,292 shares of the company’s stock worth $337,000 after acquiring an additional 233 shares during the last quarter. Finally, Assetmark Inc. boosted its position in shares of First Trust Cloud Computing ETF by 12.6% during the first quarter. Assetmark Inc. now owns 23,779 shares of the company’s stock worth $2,431,000 after acquiring an additional 2,655 shares during the last quarter.

First Trust Cloud Computing ETF Stock Performance

Shares of NASDAQ:SKYY opened at $135.06 on Friday. The firm has a fifty day moving average price of $127.80 and a 200 day moving average price of $117.02. First Trust Cloud Computing ETF has a fifty-two week low of $85.38 and a fifty-two week high of $138.82. The firm has a market cap of $3.22 billion, a price-to-earnings ratio of 33.85 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.