First Trust Cloud Computing ETF $SKYY Stock Holdings Lessened by Kraft Davis & Associates LLC

Kraft Davis & Associates LLC reduced its holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 53.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,038 shares of the company’s stock after selling 3,425 shares during the quarter. Kraft Davis & Associates LLC’s holdings in First Trust Cloud Computing ETF were worth $491,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. Boyce & Associates Wealth Consulting Inc. increased its holdings in First Trust Cloud Computing ETF by 11.7% during the 3rd quarter. Boyce & Associates Wealth Consulting Inc. now owns 2,566 shares of the company’s stock valued at $421,000 after purchasing an additional 269 shares in the last quarter. B. Riley Wealth Advisors Inc. boosted its stake in First Trust Cloud Computing ETF by 985.6% in the third quarter. B. Riley Wealth Advisors Inc. now owns 31,482 shares of the company’s stock worth $5,163,000 after purchasing an additional 28,582 shares in the last quarter. GK Wealth Management LLC acquired a new position in First Trust Cloud Computing ETF in the third quarter worth $29,000. Polaris Financial Partners acquired a new position in First Trust Cloud Computing ETF in the third quarter worth $263,000. Finally, Stonebridge Financial Group LLC bought a new stake in shares of First Trust Cloud Computing ETF during the third quarter worth $474,000.

First Trust Cloud Computing ETF Stock Performance

Shares of SKYY stock opened at $166.63 on Thursday. First Trust Cloud Computing ETF has a 52 week low of $103.76 and a 52 week high of $175.81. The stock has a market capitalization of $3.49 billion, a PE ratio of 33.85 and a beta of 1.27. The stock’s fifty day moving average is $164.15 and its 200-day moving average is $143.60.

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.