Cascade Investment Group Inc. Sells 250 Shares of First Trust Cloud Computing ETF (NASDAQ:SKYY)

Cascade Investment Group Inc. lowered its stake in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 1.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 23,812 shares of the company’s stock after selling 250 shares during the quarter. First Trust Cloud Computing ETF makes up approximately 2.0% of Cascade Investment Group Inc.’s holdings, making the stock its 7th biggest holding. Cascade Investment Group Inc. owned about 0.08% of First Trust Cloud Computing ETF worth $2,836,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. Captrust Financial Advisors lifted its holdings in First Trust Cloud Computing ETF by 3.1% during the 3rd quarter. Captrust Financial Advisors now owns 3,869 shares of the company’s stock worth $396,000 after buying an additional 116 shares in the last quarter. CWM LLC raised its position in shares of First Trust Cloud Computing ETF by 1.1% during the third quarter. CWM LLC now owns 13,422 shares of the company’s stock worth $1,373,000 after acquiring an additional 145 shares during the last quarter. Kingsview Wealth Management LLC lifted its stake in shares of First Trust Cloud Computing ETF by 0.7% during the third quarter. Kingsview Wealth Management LLC now owns 21,799 shares of the company’s stock valued at $2,229,000 after acquiring an additional 152 shares during the period. 1832 Asset Management L.P. boosted its holdings in First Trust Cloud Computing ETF by 20.1% in the second quarter. 1832 Asset Management L.P. now owns 1,122 shares of the company’s stock valued at $107,000 after acquiring an additional 188 shares during the last quarter. Finally, GAMMA Investing LLC increased its position in First Trust Cloud Computing ETF by 37.2% in the third quarter. GAMMA Investing LLC now owns 738 shares of the company’s stock worth $75,000 after purchasing an additional 200 shares during the period.

First Trust Cloud Computing ETF Price Performance

SKYY opened at $122.22 on Monday. First Trust Cloud Computing ETF has a fifty-two week low of $83.45 and a fifty-two week high of $131.13. The company has a market cap of $3.74 billion, a price-to-earnings ratio of 33.21 and a beta of 1.06. The firm has a 50 day simple moving average of $122.01 and a 200 day simple moving average of $107.24.

First Trust Cloud Computing ETF 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.