City Holding Co. Cuts Holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY)

City Holding Co. lowered its holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 3.8% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 15,265 shares of the company’s stock after selling 610 shares during the quarter. City Holding Co.’s holdings in First Trust Cloud Computing ETF were worth $1,459,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in SKYY. International Assets Investment Management LLC increased its holdings in shares of First Trust Cloud Computing ETF by 8,785.2% in the 4th quarter. International Assets Investment Management LLC now owns 311,870 shares of the company’s stock valued at $27,342,000 after acquiring an additional 308,360 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of First Trust Cloud Computing ETF in the 4th quarter valued at about $5,468,000. Good Life Advisors LLC acquired a new stake in shares of First Trust Cloud Computing ETF in the 4th quarter valued at about $2,788,000. Tower Research Capital LLC TRC boosted its position in shares of First Trust Cloud Computing ETF by 1,239.3% in the 3rd quarter. Tower Research Capital LLC TRC now owns 30,120 shares of the company’s stock valued at $2,286,000 after purchasing an additional 27,871 shares during the period. Finally, Raymond James Financial Services Advisors Inc. boosted its position in shares of First Trust Cloud Computing ETF by 21.4% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 138,730 shares of the company’s stock valued at $12,162,000 after purchasing an additional 24,473 shares during the period.

First Trust Cloud Computing ETF Trading Up 0.1 %

Shares of NASDAQ SKYY traded up $0.05 during trading hours on Monday, reaching $92.67. The stock had a trading volume of 16,940 shares, compared to its average volume of 162,875. The firm has a market cap of $2.99 billion, a price-to-earnings ratio of 33.21 and a beta of 1.06. First Trust Cloud Computing ETF has a fifty-two week low of $70.42 and a fifty-two week high of $97.78. The firm has a 50-day moving average of $92.60 and a 200-day moving average of $91.85.

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.