Kraft Davis & Associates LLC Sells 1,107 Shares of First Trust Cloud Computing ETF (NASDAQ:SKYY)

Kraft Davis & Associates LLC decreased its position in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 8.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 11,889 shares of the company’s stock after selling 1,107 shares during the quarter. Kraft Davis & Associates LLC’s holdings in First Trust Cloud Computing ETF were worth $1,086,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in SKYY. VitalStone Financial LLC boosted its position in First Trust Cloud Computing ETF by 144.8% during the third quarter. VitalStone Financial LLC now owns 350 shares of the company’s stock worth $27,000 after purchasing an additional 207 shares during the period. Whittier Trust Co. bought a new stake in First Trust Cloud Computing ETF during the third quarter worth approximately $28,000. Worth Asset Management LLC bought a new stake in First Trust Cloud Computing ETF during the first quarter worth approximately $34,000. Anchor Investment Management LLC bought a new stake in First Trust Cloud Computing ETF during the fourth quarter worth approximately $40,000. Finally, Blue Bell Private Wealth Management LLC boosted its position in First Trust Cloud Computing ETF by 37.7% during the fourth quarter. Blue Bell Private Wealth Management LLC now owns 720 shares of the company’s stock worth $63,000 after purchasing an additional 197 shares during the period.

First Trust Cloud Computing ETF Trading Down 1.5 %

First Trust Cloud Computing ETF stock traded down $1.33 during trading hours on Friday, reaching $88.77. 112,829 shares of the company were exchanged, compared to its average volume of 193,186. The firm has a market cap of $2.89 billion, a price-to-earnings ratio of 35.15 and a beta of 1.55. The stock has a 50-day moving average of $94.28 and a 200 day moving average of $86.76. First Trust Cloud Computing ETF has a 12 month low of $60.65 and a 12 month high of $97.78.

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.