Banco Santander S.A. Cuts Stock Holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY)

Banco Santander S.A. lowered its position in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 6.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,590 shares of the company’s stock after selling 180 shares during the period. Banco Santander S.A.’s holdings in First Trust Cloud Computing ETF were worth $265,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in SKYY. EP Wealth Advisors LLC increased its position in First Trust Cloud Computing ETF by 5.1% during the first quarter. EP Wealth Advisors LLC now owns 2,452 shares of the company’s stock valued at $234,000 after acquiring an additional 118 shares during the last quarter. Creative Planning lifted its stake in shares of First Trust Cloud Computing ETF by 8.0% in the 3rd quarter. Creative Planning now owns 11,929 shares of the company’s stock worth $1,220,000 after purchasing an additional 885 shares during the period. US Bancorp DE boosted its holdings in shares of First Trust Cloud Computing ETF by 8.2% in the third quarter. US Bancorp DE now owns 6,220 shares of the company’s stock worth $636,000 after buying an additional 472 shares during the last quarter. Blue Trust Inc. bought a new stake in First Trust Cloud Computing ETF during the second quarter valued at approximately $48,000. Finally, Cetera Advisors LLC increased its holdings in First Trust Cloud Computing ETF by 16.9% during the first quarter. Cetera Advisors LLC now owns 16,454 shares of the company’s stock valued at $1,573,000 after buying an additional 2,380 shares during the last quarter.

First Trust Cloud Computing ETF Stock Performance

Shares of First Trust Cloud Computing ETF stock opened at $122.95 on Friday. First Trust Cloud Computing ETF has a fifty-two week low of $79.76 and a fifty-two week high of $123.15. The company has a market capitalization of $3.60 billion, a P/E ratio of 33.21 and a beta of 1.06. The company has a fifty day moving average of $107.62 and a 200 day moving average of $98.88.

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.