Corient Private Wealth LLC Has $579,000 Stock Holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY)

Corient Private Wealth LLC decreased its position in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 17.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,858 shares of the company’s stock after selling 1,018 shares during the period. Corient Private Wealth LLC’s holdings in First Trust Cloud Computing ETF were worth $579,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of SKYY. Raymond James Financial Inc. acquired a new position in shares of First Trust Cloud Computing ETF in the fourth quarter valued at $32,119,000. Benjamin Edwards Inc. acquired a new position in shares of First Trust Cloud Computing ETF in the 3rd quarter valued at $5,373,000. SPC Financial Inc. bought a new position in shares of First Trust Cloud Computing ETF during the 4th quarter worth about $4,920,000. Private Advisor Group LLC boosted its position in shares of First Trust Cloud Computing ETF by 34.2% during the 4th quarter. Private Advisor Group LLC now owns 161,588 shares of the company’s stock valued at $19,248,000 after acquiring an additional 41,222 shares in the last quarter. Finally, Plotkin Financial Advisors LLC bought a new stake in First Trust Cloud Computing ETF in the third quarter valued at about $3,062,000.

First Trust Cloud Computing ETF Stock Down 2.9 %

Shares of First Trust Cloud Computing ETF stock opened at $103.53 on Friday. The stock has a market capitalization of $3.18 billion, a P/E ratio of 33.08 and a beta of 1.06. First Trust Cloud Computing ETF has a 12-month low of $83.45 and a 12-month high of $131.54. The company has a 50-day simple moving average of $119.30 and a 200 day simple moving average of $115.61.

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.