Creekmur Asset Management LLC Sells 955 Shares of First Trust Cloud Computing ETF (NASDAQ:SKYY)

Creekmur Asset Management LLC cut its stake in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 11.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 7,566 shares of the company’s stock after selling 955 shares during the period. Creekmur Asset Management LLC’s holdings in First Trust Cloud Computing ETF were worth $901,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the company. LFA Lugano Financial Advisors SA acquired a new position in shares of First Trust Cloud Computing ETF during the fourth quarter worth about $32,000. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of First Trust Cloud Computing ETF by 77.5% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 284 shares of the company’s stock worth $34,000 after acquiring an additional 124 shares in the last quarter. Morse Asset Management Inc acquired a new stake in shares of First Trust Cloud Computing ETF in the third quarter valued at approximately $40,000. Huntington National Bank lifted its position in shares of First Trust Cloud Computing ETF by 594.4% in the fourth quarter. Huntington National Bank now owns 375 shares of the company’s stock worth $45,000 after purchasing an additional 321 shares in the last quarter. Finally, SRS Capital Advisors Inc. boosted its holdings in First Trust Cloud Computing ETF by 1,343.3% during the fourth quarter. SRS Capital Advisors Inc. now owns 433 shares of the company’s stock worth $52,000 after purchasing an additional 403 shares during the last quarter.

First Trust Cloud Computing ETF Price Performance

Shares of NASDAQ:SKYY opened at $103.40 on Wednesday. The company’s 50-day moving average price is $118.48 and its two-hundred day moving average price is $115.96. First Trust Cloud Computing ETF has a one year low of $83.45 and a one year high of $131.54. The stock has a market capitalization of $3.18 billion, a PE ratio of 33.08 and a beta of 1.06.

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.