First Trust Cloud Computing ETF (NASDAQ:SKYY) Shares Sold by Integrated Wealth Concepts LLC

Integrated Wealth Concepts LLC lessened its stake in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 1.4% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 69,956 shares of the company’s stock after selling 1,000 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in First Trust Cloud Computing ETF were worth $7,154,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Benjamin Edwards Inc. purchased a new stake in shares of First Trust Cloud Computing ETF in the 3rd quarter valued at approximately $5,373,000. Plotkin Financial Advisors LLC purchased a new position in First Trust Cloud Computing ETF in the third quarter valued at $3,062,000. Captrust Financial Advisors raised its stake in First Trust Cloud Computing ETF by 3.1% in the third quarter. Captrust Financial Advisors now owns 3,869 shares of the company’s stock valued at $396,000 after buying an additional 116 shares in the last quarter. Rockefeller Capital Management L.P. raised its stake in First Trust Cloud Computing ETF by 4.2% in the third quarter. Rockefeller Capital Management L.P. now owns 55,091 shares of the company’s stock valued at $5,634,000 after buying an additional 2,232 shares in the last quarter. Finally, CreativeOne Wealth LLC purchased a new stake in First Trust Cloud Computing ETF during the 3rd quarter worth about $1,252,000.

First Trust Cloud Computing ETF Stock Performance

SKYY opened at $123.33 on Wednesday. First Trust Cloud Computing ETF has a one year low of $81.82 and a one year high of $125.33. The company has a market cap of $3.61 billion, a P/E ratio of 33.21 and a beta of 1.06. The business’s 50-day simple moving average is $110.68 and its 200-day simple moving average is $100.35.

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.