First Trust Cloud Computing ETF (NASDAQ:SKYY) Shares Acquired by HBK Sorce Advisory LLC

HBK Sorce Advisory LLC raised its position in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 21.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,659 shares of the company’s stock after buying an additional 1,159 shares during the quarter. HBK Sorce Advisory LLC’s holdings in First Trust Cloud Computing ETF were worth $793,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the company. Exencial Wealth Advisors LLC increased its holdings in shares of First Trust Cloud Computing ETF by 1.5% in the 4th quarter. Exencial Wealth Advisors LLC now owns 5,411 shares of the company’s stock valued at $645,000 after acquiring an additional 82 shares during the last quarter. Hemington Wealth Management raised its holdings in shares of First Trust Cloud Computing ETF by 29.6% during the fourth quarter. Hemington Wealth Management now owns 469 shares of the company’s stock worth $55,000 after purchasing an additional 107 shares during the period. Captrust Financial Advisors lifted its position in shares of First Trust Cloud Computing ETF by 3.1% in 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 during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in shares of First Trust Cloud Computing ETF by 77.5% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 284 shares of the company’s stock valued at $34,000 after buying an additional 124 shares during the last quarter. Finally, Prosperity Financial Group Inc. raised its stake in First Trust Cloud Computing ETF by 0.6% during the fourth quarter. Prosperity Financial Group Inc. now owns 21,036 shares of the company’s stock worth $2,506,000 after acquiring an additional 129 shares during the period.

First Trust Cloud Computing ETF Stock Down 2.9 %

Shares of NASDAQ SKYY opened at $103.47 on Friday. First Trust Cloud Computing ETF has a 52-week low of $83.45 and a 52-week high of $131.54. The firm’s 50-day moving average price is $122.02 and its two-hundred day moving average price is $114.68. The stock has a market capitalization of $3.18 billion, a P/E ratio of 32.02 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.