Sunbelt Securities Inc. Has $285,000 Stock Holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY)

Sunbelt Securities Inc. decreased its holdings in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 28.4% during the 3rd quarter, Holdings Channel reports. The firm owned 2,786 shares of the company’s stock after selling 1,105 shares during the quarter. Sunbelt Securities Inc.’s holdings in First Trust Cloud Computing ETF were worth $285,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. International Assets Investment Management LLC lifted its stake in First Trust Cloud Computing ETF by 11,038.7% in the third quarter. International Assets Investment Management LLC now owns 412,243 shares of the company’s stock valued at $42,156,000 after buying an additional 408,542 shares during the period. PNC Financial Services Group Inc. lifted its position in shares of First Trust Cloud Computing ETF by 86.2% during the 3rd quarter. PNC Financial Services Group Inc. now owns 177,430 shares of the company’s stock valued at $18,144,000 after acquiring an additional 82,121 shares during the period. Benjamin Edwards Inc. acquired a new position in shares of First Trust Cloud Computing ETF during the 3rd quarter valued at $5,373,000. Plotkin Financial Advisors LLC acquired a new stake in First Trust Cloud Computing ETF in the third quarter worth $3,062,000. Finally, Seaview Investment Managers LLC acquired a new stake in First Trust Cloud Computing ETF in the second quarter worth $2,532,000.

First Trust Cloud Computing ETF Trading Down 1.2 %

Shares of NASDAQ SKYY opened at $125.45 on Friday. The firm has a market capitalization of $3.68 billion, a P/E ratio of 33.21 and a beta of 1.06. The firm’s 50-day moving average price is $114.30 and its 200-day moving average price is $101.81. First Trust Cloud Computing ETF has a 1-year low of $83.06 and a 1-year high of $131.13.

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.