City Holding Co. Sells 250 Shares of First Trust Cloud Computing ETF (NASDAQ:SKYY)

City Holding Co. reduced its stake in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 1.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,946 shares of the company’s stock after selling 250 shares during the period. City Holding Co.’s holdings in First Trust Cloud Computing ETF were worth $1,780,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in SKYY. Merit Financial Group LLC raised its stake in First Trust Cloud Computing ETF by 7.0% during the 4th quarter. Merit Financial Group LLC now owns 5,630 shares of the company’s stock worth $671,000 after buying an additional 366 shares during the period. Wealthcare Advisory Partners LLC raised its position in shares of First Trust Cloud Computing ETF by 29.1% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 3,984 shares of the company’s stock worth $475,000 after purchasing an additional 899 shares during the period. RDA Financial Network bought a new position in shares of First Trust Cloud Computing ETF during the 4th quarter valued at about $207,000. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of First Trust Cloud Computing ETF by 4,515.5% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 7,431 shares of the company’s stock valued at $885,000 after purchasing an additional 7,270 shares during the period. Finally, Park Avenue Securities LLC bought a new stake in First Trust Cloud Computing ETF during the 4th quarter worth approximately $697,000.

First Trust Cloud Computing ETF Stock Performance

Shares of SKYY opened at $122.22 on Monday. The firm has a market cap of $3.74 billion, a P/E ratio of 33.21 and a beta of 1.06. First Trust Cloud Computing ETF has a twelve month low of $83.45 and a twelve month high of $131.13. The firm’s 50 day moving average price is $122.01 and its two-hundred day moving average price is $107.24.

First Trust Cloud Computing ETF Company 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.