Meitav Investment House Ltd. Trims Stock Position in First Trust Cloud Computing ETF (NASDAQ:SKYY)

Meitav Investment House Ltd. decreased its position in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 1.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 13,795 shares of the company’s stock after selling 160 shares during the period. Meitav Investment House Ltd.’s holdings in First Trust Cloud Computing ETF were worth $1,643,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Creative Planning grew its position in shares of First Trust Cloud Computing ETF by 8.0% during the 3rd quarter. Creative Planning now owns 11,929 shares of the company’s stock worth $1,220,000 after buying an additional 885 shares in the last quarter. Raymond James & Associates raised its holdings in shares of First Trust Cloud Computing ETF by 9.2% in the third quarter. Raymond James & Associates now owns 162,068 shares of the company’s stock valued at $16,573,000 after acquiring an additional 13,689 shares in the last quarter. Private Advisor Group LLC lifted its stake in First Trust Cloud Computing ETF by 20.6% in the third quarter. Private Advisor Group LLC now owns 120,366 shares of the company’s stock worth $12,309,000 after acquiring an additional 20,559 shares during the period. International Assets Investment Management LLC increased its position in First Trust Cloud Computing ETF by 11,038.7% during the 3rd quarter. International Assets Investment Management LLC now owns 412,243 shares of the company’s stock valued at $42,156,000 after purchasing an additional 408,542 shares during the period. Finally, Values First Advisors Inc. bought a new stake in shares of First Trust Cloud Computing ETF in the 3rd quarter valued at about $49,000.

First Trust Cloud Computing ETF Stock Performance

NASDAQ SKYY opened at $128.87 on Thursday. The company has a market cap of $3.96 billion, a PE ratio of 33.21 and a beta of 1.06. The firm’s 50 day moving average price is $124.76 and its 200-day moving average price is $112.53. First Trust Cloud Computing ETF has a 52-week low of $83.45 and a 52-week high of $131.54.

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.