D.A. Davidson & CO. Has $2.71 Million Stock Position in First Trust Cloud Computing ETF $SKYY

D.A. Davidson & CO. lowered its stake in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 10.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 22,287 shares of the company’s stock after selling 2,633 shares during the period. D.A. Davidson & CO. owned approximately 0.08% of First Trust Cloud Computing ETF worth $2,711,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in SKYY. JFS Wealth Advisors LLC raised its holdings in shares of First Trust Cloud Computing ETF by 114.3% in the 2nd quarter. JFS Wealth Advisors LLC now owns 375 shares of the company’s stock worth $46,000 after acquiring an additional 200 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of First Trust Cloud Computing ETF by 69.4% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 481 shares of the company’s stock worth $50,000 after acquiring an additional 197 shares during the last quarter. China Universal Asset Management Co. Ltd. acquired a new stake in shares of First Trust Cloud Computing ETF in the 1st quarter worth about $66,000. Banque Cantonale Vaudoise acquired a new stake in shares of First Trust Cloud Computing ETF in the 1st quarter worth about $67,000. Finally, Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of First Trust Cloud Computing ETF by 73.0% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 614 shares of the company’s stock worth $75,000 after acquiring an additional 259 shares during the last quarter.

First Trust Cloud Computing ETF Price Performance

SKYY opened at $138.50 on Friday. First Trust Cloud Computing ETF has a fifty-two week low of $85.38 and a fifty-two week high of $139.50. The firm has a market capitalization of $3.33 billion, a PE ratio of 33.85 and a beta of 1.06. The company’s 50-day moving average is $131.85 and its 200 day moving average is $120.56.

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.