Ignite Planners LLC Sells 1,301 Shares of First Trust Cloud Computing ETF (NASDAQ:SKYY)

Ignite Planners LLC trimmed its stake in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 1.7% in the 1st quarter, HoldingsChannel reports. The firm owned 75,295 shares of the company’s stock after selling 1,301 shares during the period. First Trust Cloud Computing ETF makes up 2.0% of Ignite Planners LLC’s investment portfolio, making the stock its 8th biggest position. Ignite Planners LLC’s holdings in First Trust Cloud Computing ETF were worth $7,197,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Peterson Wealth Management boosted its holdings in shares of First Trust Cloud Computing ETF by 1.0% in the fourth quarter. Peterson Wealth Management now owns 24,204 shares of the company’s stock valued at $2,122,000 after acquiring an additional 250 shares during the period. ETF Store Inc. raised its holdings in shares of First Trust Cloud Computing ETF by 8.8% in the fourth quarter. ETF Store Inc. now owns 6,133 shares of the company’s stock valued at $538,000 after buying an additional 496 shares during the last quarter. Wade G W & Inc. boosted its stake in shares of First Trust Cloud Computing ETF by 0.9% during the fourth quarter. Wade G W & Inc. now owns 32,119 shares of the company’s stock worth $2,816,000 after buying an additional 278 shares during the period. Stonebridge Financial Planning Group LLC grew its holdings in shares of First Trust Cloud Computing ETF by 4.6% during the fourth quarter. Stonebridge Financial Planning Group LLC now owns 4,547 shares of the company’s stock worth $399,000 after buying an additional 200 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new position in First Trust Cloud Computing ETF in the 4th quarter valued at about $5,468,000.

First Trust Cloud Computing ETF Stock Down 0.8 %

SKYY traded down $0.71 on Monday, hitting $91.91. 107,855 shares of the company traded hands, compared to its average volume of 163,656. The company has a 50 day moving average of $92.60 and a 200-day moving average of $91.85. First Trust Cloud Computing ETF has a 12-month low of $70.42 and a 12-month high of $97.78. The stock has a market capitalization of $2.97 billion, a PE 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.