Coastal Investment Advisors Inc. Trims Position in First Trust Cloud Computing ETF (NASDAQ:SKYY)

Coastal Investment Advisors Inc. decreased its position in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 35.5% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 3,375 shares of the company’s stock after selling 1,861 shares during the period. Coastal Investment Advisors Inc.’s holdings in First Trust Cloud Computing ETF were worth $193,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in SKYY. AdvisorNet Financial Inc increased its position in First Trust Cloud Computing ETF by 5.8% during the second quarter. AdvisorNet Financial Inc now owns 4,202 shares of the company’s stock worth $243,000 after purchasing an additional 230 shares during the last quarter. Reitz Capital Advisors LLC increased its position in First Trust Cloud Computing ETF by 3.5% during the second quarter. Reitz Capital Advisors LLC now owns 7,297 shares of the company’s stock worth $422,000 after purchasing an additional 245 shares during the last quarter. National Asset Management Inc. increased its position in First Trust Cloud Computing ETF by 7.5% during the second quarter. National Asset Management Inc. now owns 4,437 shares of the company’s stock worth $257,000 after purchasing an additional 311 shares during the last quarter. First Republic Investment Management Inc. increased its position in First Trust Cloud Computing ETF by 2.5% during the second quarter. First Republic Investment Management Inc. now owns 13,389 shares of the company’s stock worth $774,000 after purchasing an additional 323 shares during the last quarter. Finally, GWM Advisors LLC increased its position in First Trust Cloud Computing ETF by 3.5% during the second quarter. GWM Advisors LLC now owns 10,382 shares of the company’s stock worth $600,000 after purchasing an additional 354 shares during the last quarter.

Shares of SKYY stock opened at $56.16 on Tuesday. First Trust Cloud Computing ETF has a one year low of $45.36 and a one year high of $61.37. The company has a 50 day moving average price of $56.89 and a 200 day moving average price of $58.10.

The business also recently declared a — dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a dividend of $0.0462 per share. This represents a yield of 0.5%. The ex-dividend date of this dividend was Wednesday, September 25th.

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Institutional Ownership by Quarter for First Trust Cloud Computing ETF (NASDAQ:SKYY)

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