Oppenheimer & Co. Inc. Sells 1,158 Shares of First Trust Cloud Computing ETF (NASDAQ:SKYY)

Oppenheimer & Co. Inc. reduced its stake in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 3.8% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 29,685 shares of the company’s stock after selling 1,158 shares during the period. Oppenheimer & Co. Inc. owned 0.10% of First Trust Cloud Computing ETF worth $2,836,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Peterson Wealth Management boosted its position in shares of First Trust Cloud Computing ETF by 1.0% in the 4th quarter. Peterson Wealth Management now owns 24,204 shares of the company’s stock worth $2,122,000 after purchasing an additional 250 shares during the last quarter. EP Wealth Advisors LLC boosted its position in shares of First Trust Cloud Computing ETF by 5.1% in the 1st quarter. EP Wealth Advisors LLC now owns 2,452 shares of the company’s stock worth $234,000 after purchasing an additional 118 shares during the last quarter. Napa Wealth Management acquired a new stake in First Trust Cloud Computing ETF during the 4th quarter worth $446,000. Wealth Enhancement Advisory Services LLC raised its stake in First Trust Cloud Computing ETF by 3.6% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 61,565 shares of the company’s stock worth $5,886,000 after buying an additional 2,126 shares during the period. Finally, Wells Fargo & Company MN raised its stake in First Trust Cloud Computing ETF by 1.6% during the 4th quarter. Wells Fargo & Company MN now owns 297,788 shares of the company’s stock worth $26,107,000 after buying an additional 4,739 shares during the period.

First Trust Cloud Computing ETF Trading Up 0.7 %

Shares of First Trust Cloud Computing ETF stock opened at $98.43 on Monday. The company has a market capitalization of $3.02 billion, a PE ratio of 33.21 and a beta of 1.06. First Trust Cloud Computing ETF has a 12 month low of $70.42 and a 12 month high of $99.06. The stock’s fifty day simple moving average is $94.76 and its 200 day simple moving average is $94.18.

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.