Wagner Wealth Management LLC Sells 123 Shares of First Trust Cloud Computing ETF (NASDAQ:SKYY)

Wagner Wealth Management LLC reduced its holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 30.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 282 shares of the company’s stock after selling 123 shares during the quarter. Wagner Wealth Management LLC’s holdings in First Trust Cloud Computing ETF were worth $34,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in SKYY. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of First Trust Cloud Computing ETF by 77.5% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 284 shares of the company’s stock valued at $34,000 after acquiring an additional 124 shares in the last quarter. Morse Asset Management Inc acquired a new stake in First Trust Cloud Computing ETF in the third quarter worth $40,000. Values First Advisors Inc. bought a new stake in First Trust Cloud Computing ETF in the third quarter valued at $49,000. Wilmington Savings Fund Society FSB acquired a new position in shares of First Trust Cloud Computing ETF during the third quarter valued at about $65,000. Finally, GAMMA Investing LLC boosted its position in shares of First Trust Cloud Computing ETF by 37.2% during the 3rd quarter. GAMMA Investing LLC now owns 738 shares of the company’s stock worth $75,000 after purchasing an additional 200 shares in the last quarter.

First Trust Cloud Computing ETF Price Performance

Shares of First Trust Cloud Computing ETF stock opened at $128.94 on Monday. The business has a 50-day simple moving average of $124.18 and a 200 day simple moving average of $110.45. First Trust Cloud Computing ETF has a one year low of $83.45 and a one year high of $131.13. The firm has a market capitalization of $3.96 billion, a price-to-earnings ratio of 33.21 and a beta of 1.06.

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.