First Trust Cloud Computing ETF (NASDAQ:SKYY) Shares Sold by Anfield Capital Management LLC

Anfield Capital Management LLC trimmed its holdings in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 43.7% in the fourth quarter, Holdings Channel reports. The firm owned 13,924 shares of the company’s stock after selling 10,795 shares during the period. Anfield Capital Management LLC’s holdings in First Trust Cloud Computing ETF were worth $1,221,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of First Trust Cloud Computing ETF during the 4th quarter worth about $5,468,000. Raymond James Financial Services Advisors Inc. boosted its holdings in First Trust Cloud Computing ETF by 21.4% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 138,730 shares of the company’s stock valued at $12,162,000 after acquiring an additional 24,473 shares during the period. International Assets Investment Management LLC boosted its holdings in First Trust Cloud Computing ETF by 8,785.2% during the 4th quarter. International Assets Investment Management LLC now owns 311,870 shares of the company’s stock valued at $27,342,000 after acquiring an additional 308,360 shares during the period. Envestnet Portfolio Solutions Inc. purchased a new position in First Trust Cloud Computing ETF during the 3rd quarter valued at about $351,000. Finally, Beacon Financial Advisory LLC purchased a new position in First Trust Cloud Computing ETF during the 4th quarter valued at about $280,000.

First Trust Cloud Computing ETF Price Performance

Shares of First Trust Cloud Computing ETF stock opened at $92.99 on Friday. The business has a 50-day moving average of $94.02 and a 200 day moving average of $87.33. First Trust Cloud Computing ETF has a 12 month low of $60.65 and a 12 month high of $97.78. The stock has a market capitalization of $3.01 billion, a price-to-earnings ratio of 35.15 and a beta of 1.06.

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.