First Trust Cloud Computing ETF $SKYY Shares Sold by HBK Sorce Advisory LLC

HBK Sorce Advisory LLC decreased its position in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 2.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,403 shares of the company’s stock after selling 190 shares during the quarter. HBK Sorce Advisory LLC’s holdings in First Trust Cloud Computing ETF were worth $779,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of SKYY. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of First Trust Cloud Computing ETF by 69.4% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 481 shares of the company’s stock valued at $50,000 after buying an additional 197 shares during the period. Golden State Wealth Management LLC lifted its holdings in shares of First Trust Cloud Computing ETF by 11.5% in the first quarter. Golden State Wealth Management LLC now owns 18,436 shares of the company’s stock valued at $1,885,000 after buying an additional 1,907 shares during the period. Mutual Advisors LLC lifted its holdings in shares of First Trust Cloud Computing ETF by 78.6% in the first quarter. Mutual Advisors LLC now owns 9,252 shares of the company’s stock valued at $956,000 after buying an additional 4,073 shares during the period. Capital Investment Advisory Services LLC lifted its holdings in shares of First Trust Cloud Computing ETF by 2.8% in the first quarter. Capital Investment Advisory Services LLC now owns 27,265 shares of the company’s stock valued at $2,787,000 after buying an additional 745 shares during the period. Finally, China Universal Asset Management Co. Ltd. acquired a new stake in shares of First Trust Cloud Computing ETF in the first quarter valued at $66,000.

First Trust Cloud Computing ETF Stock Up 2.2%

Shares of First Trust Cloud Computing ETF stock opened at $142.49 on Friday. The firm has a market cap of $3.42 billion, a price-to-earnings ratio of 33.85 and a beta of 1.24. The business has a fifty day simple moving average of $133.89 and a 200-day simple moving average of $122.05. First Trust Cloud Computing ETF has a fifty-two week low of $85.38 and a fifty-two week high of $142.99.

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.