First Trust Cloud Computing ETF $SKYY Shares Sold by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC lessened its position in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 40.4% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 10,171 shares of the company’s stock after selling 6,902 shares during the quarter. Ameritas Advisory Services LLC’s holdings in First Trust Cloud Computing ETF were worth $1,367,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Ameriprise Financial Inc. increased its holdings in First Trust Cloud Computing ETF by 7.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 164,762 shares of the company’s stock valued at $20,041,000 after acquiring an additional 11,987 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of First Trust Cloud Computing ETF by 61.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 154,904 shares of the company’s stock worth $20,822,000 after purchasing an additional 58,740 shares in the last quarter. Osaic Holdings Inc. raised its position in shares of First Trust Cloud Computing ETF by 12.7% during the 2nd quarter. Osaic Holdings Inc. now owns 126,885 shares of the company’s stock worth $15,415,000 after purchasing an additional 14,251 shares during the last quarter. Cetera Investment Advisers raised its position in shares of First Trust Cloud Computing ETF by 6.0% during the 2nd quarter. Cetera Investment Advisers now owns 94,458 shares of the company’s stock worth $11,490,000 after purchasing an additional 5,329 shares during the last quarter. Finally, Rockefeller Capital Management L.P. grew its holdings in First Trust Cloud Computing ETF by 1.2% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 62,874 shares of the company’s stock valued at $7,648,000 after buying an additional 769 shares during the last quarter.

First Trust Cloud Computing ETF Stock Up 2.5%

NASDAQ SKYY opened at $114.26 on Friday. First Trust Cloud Computing ETF has a fifty-two week low of $85.38 and a fifty-two week high of $143.74. The business has a fifty day moving average of $125.68 and a 200-day moving average of $129.01. The stock has a market cap of $2.53 billion, a price-to-earnings ratio of 33.85 and a beta of 1.24.

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.