First Trust Cloud Computing ETF $SKYY Shares Sold by Exencial Wealth Advisors LLC

Exencial Wealth Advisors LLC decreased its stake in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 18.9% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 4,295 shares of the company’s stock after selling 999 shares during the period. Exencial Wealth Advisors LLC’s holdings in First Trust Cloud Computing ETF were worth $522,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of SKYY. Farther Finance Advisors LLC raised its stake in First Trust Cloud Computing ETF by 615.4% during the 1st quarter. Farther Finance Advisors LLC now owns 279 shares of the company’s stock worth $29,000 after acquiring an additional 240 shares in the last quarter. JFS Wealth Advisors LLC grew its holdings in shares of First Trust Cloud Computing ETF by 114.3% during the second quarter. JFS Wealth Advisors LLC now owns 375 shares of the company’s stock worth $46,000 after purchasing an additional 200 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of First Trust Cloud Computing ETF by 69.4% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 481 shares of the company’s stock worth $50,000 after purchasing an additional 197 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of First Trust Cloud Computing ETF by 73.0% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 614 shares of the company’s stock worth $75,000 after purchasing an additional 259 shares in the last quarter. Finally, China Universal Asset Management Co. Ltd. purchased a new stake in shares of First Trust Cloud Computing ETF in the 1st quarter valued at about $66,000.

First Trust Cloud Computing ETF Stock Up 1.7%

Shares of NASDAQ SKYY opened at $136.68 on Friday. The business has a 50-day moving average price of $131.50 and a 200 day moving average price of $120.01. The stock has a market cap of $3.30 billion, a PE ratio of 33.85 and a beta of 1.06. First Trust Cloud Computing ETF has a 52-week low of $85.38 and a 52-week high of $138.82.

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.