Ameritas Advisory Services LLC Sells 3,000 Shares of First Trust Cloud Computing ETF (NASDAQ:SKYY)

Ameritas Advisory Services LLC lessened its holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 11.6% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 22,897 shares of the company’s stock after selling 3,000 shares during the period. Ameritas Advisory Services LLC owned about 0.08% of First Trust Cloud Computing ETF worth $2,727,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in SKYY. Renaissance Technologies LLC bought a new position in shares of First Trust Cloud Computing ETF in the 2nd quarter worth approximately $325,000. Mercer Global Advisors Inc. ADV lifted its stake in shares of First Trust Cloud Computing ETF by 35.2% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 4,647 shares of the company’s stock worth $444,000 after purchasing an additional 1,211 shares during the period. AE Wealth Management LLC bought a new position in shares of First Trust Cloud Computing ETF in the 2nd quarter worth approximately $593,000. 1832 Asset Management L.P. lifted its stake in shares of First Trust Cloud Computing ETF by 20.1% in the 2nd quarter. 1832 Asset Management L.P. now owns 1,122 shares of the company’s stock worth $107,000 after purchasing an additional 188 shares during the period. Finally, Bank of Montreal Can lifted its stake in shares of First Trust Cloud Computing ETF by 61.3% in the 2nd quarter. Bank of Montreal Can now owns 8,250 shares of the company’s stock worth $792,000 after purchasing an additional 3,136 shares during the period.

First Trust Cloud Computing ETF Stock Up 0.5 %

Shares of NASDAQ:SKYY opened at $122.22 on Monday. The firm’s 50 day moving average price is $122.01 and its 200-day moving average price is $107.24. The stock has a market capitalization of $3.74 billion, a PE ratio of 33.21 and a beta of 1.06. First Trust Cloud Computing ETF has a twelve month low of $83.45 and a twelve month high of $131.13.

First Trust Cloud Computing ETF Company 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.