Warner Group LLC Sells 25,286 Shares of First Trust Cloud Computing ETF $SKYY

Warner Group LLC trimmed its stake in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 91.1% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,473 shares of the company’s stock after selling 25,286 shares during the period. Warner Group LLC’s holdings in First Trust Cloud Computing ETF were worth $270,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Marshall Wace LLP bought a new stake in shares of First Trust Cloud Computing ETF in the 2nd quarter worth about $3,175,000. Brown Advisory Inc. purchased a new stake in First Trust Cloud Computing ETF in the 2nd quarter worth about $337,000. NewEdge Advisors LLC raised its position in First Trust Cloud Computing ETF by 17.9% in the 2nd quarter. NewEdge Advisors LLC now owns 30,644 shares of the company’s stock worth $3,727,000 after purchasing an additional 4,652 shares during the period. Quantinno Capital Management LP bought a new stake in First Trust Cloud Computing ETF in the second quarter worth about $597,000. Finally, Ameriprise Financial Inc. lifted its stake in First Trust Cloud Computing ETF by 7.8% in the second quarter. Ameriprise Financial Inc. now owns 164,762 shares of the company’s stock worth $20,041,000 after purchasing an additional 11,987 shares during the last quarter.

First Trust Cloud Computing ETF Price Performance

Shares of NASDAQ:SKYY opened at $139.01 on Wednesday. The firm has a market capitalization of $2.81 billion, a PE ratio of 33.85 and a beta of 1.24. The business has a 50 day simple moving average of $132.89 and a two-hundred day simple moving average of $123.07. First Trust Cloud Computing ETF has a 1 year low of $103.76 and a 1 year high of $155.76.

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.