Wealth Enhancement Advisory Services LLC Sells 510 Shares of First Trust Cloud Computing ETF (NASDAQ:SKYY)

Wealth Enhancement Advisory Services LLC lowered its holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 2.0% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 25,487 shares of the company’s stock after selling 510 shares during the period. Wealth Enhancement Advisory Services LLC owned approximately 0.09% of First Trust Cloud Computing ETF worth $2,606,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of SKYY. Y Intercept Hong Kong Ltd bought a new stake in First Trust Cloud Computing ETF in the 4th quarter valued at about $382,000. Private Trust Co. NA boosted its holdings in First Trust Cloud Computing ETF by 135.5% in the 4th quarter. Private Trust Co. NA now owns 2,590 shares of the company’s stock valued at $309,000 after purchasing an additional 1,490 shares during the period. BlueStem Wealth Partners LLC bought a new stake in First Trust Cloud Computing ETF in the 4th quarter valued at about $314,000. Kohmann Bosshard Financial Services LLC bought a new stake in First Trust Cloud Computing ETF in the 4th quarter valued at about $59,000. Finally, SRS Capital Advisors Inc. boosted its holdings in First Trust Cloud Computing ETF by 1,343.3% in the 4th quarter. SRS Capital Advisors Inc. now owns 433 shares of the company’s stock valued at $52,000 after purchasing an additional 403 shares during the period.

First Trust Cloud Computing ETF Stock Up 0.1%

NASDAQ SKYY opened at $120.06 on Friday. The company has a market capitalization of $3.54 billion, a P/E ratio of 30.28 and a beta of 1.06. First Trust Cloud Computing ETF has a 12-month low of $83.45 and a 12-month high of $131.54. The firm has a 50-day moving average price of $112.61 and a two-hundred day moving average price of $114.86.

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.