First Trust Cloud Computing ETF $SKYY Shares Sold by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC reduced its holdings in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 85.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,189 shares of the company’s stock after selling 61,525 shares during the period. Kestra Private Wealth Services LLC’s holdings in First Trust Cloud Computing ETF were worth $1,671,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. GK Wealth Management LLC bought a new position in shares of First Trust Cloud Computing ETF during the 3rd quarter worth about $29,000. Continuum Advisory LLC purchased a new position in First Trust Cloud Computing ETF during the second quarter worth about $40,000. TD Waterhouse Canada Inc. increased its stake in First Trust Cloud Computing ETF by 35.2% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 307 shares of the company’s stock valued at $41,000 after buying an additional 80 shares during the last quarter. Provenance Wealth Advisors LLC bought a new position in shares of First Trust Cloud Computing ETF during the 3rd quarter worth approximately $44,000. Finally, Beacon Investment Advisory Services Inc. bought a new position in shares of First Trust Cloud Computing ETF during the 2nd quarter worth approximately $52,000.

First Trust Cloud Computing ETF Stock Down 6.1%

Shares of NASDAQ SKYY opened at $147.08 on Friday. The company has a market capitalization of $3.04 billion, a PE ratio of 33.85 and a beta of 1.27. The stock’s 50 day moving average price is $164.31 and its 200-day moving average price is $137.09. First Trust Cloud Computing ETF has a twelve month low of $103.76 and a twelve month high of $175.81.

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.