First Trust Cloud Computing ETF (NASDAQ:SKYY) Shares Sold by Creekmur Asset Management LLC

Creekmur Asset Management LLC cut its holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 14.4% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,314 shares of the company’s stock after selling 1,566 shares during the quarter. Creekmur Asset Management LLC’s holdings in First Trust Cloud Computing ETF were worth $890,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. EdgeRock Capital LLC purchased a new position in shares of First Trust Cloud Computing ETF in the 4th quarter worth $33,000. PFS Partners LLC acquired a new position in shares of First Trust Cloud Computing ETF in the 1st quarter worth $43,000. VitalStone Financial LLC lifted its holdings in shares of First Trust Cloud Computing ETF by 44.4% in the first quarter. VitalStone Financial LLC now owns 465 shares of the company’s stock valued at $44,000 after purchasing an additional 143 shares in the last quarter. GAMMA Investing LLC acquired a new position in shares of First Trust Cloud Computing ETF in the fourth quarter worth $45,000. Finally, Future Financial Wealth Managment LLC bought a new position in shares of First Trust Cloud Computing ETF during the 1st quarter valued at $48,000.

First Trust Cloud Computing ETF Stock Performance

SKYY traded up $2.26 during mid-day trading on Wednesday, reaching $95.27. The stock had a trading volume of 91,260 shares, compared to its average volume of 158,126. First Trust Cloud Computing ETF has a 52 week low of $70.42 and a 52 week high of $97.78. The firm’s fifty day simple moving average is $93.78 and its two-hundred day simple moving average is $93.52. The stock has a market capitalization of $2.93 billion, a P/E ratio of 33.21 and a beta of 1.06.

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.