Banco Santander S.A. Reduces Position in First Trust Cloud Computing ETF (NASDAQ:SKYY)

Banco Santander S.A. decreased its position in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 8.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,770 shares of the company’s stock after selling 260 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 SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. GAMMA Investing LLC acquired a new position in shares of First Trust Cloud Computing ETF in the 4th quarter valued at $45,000. Transcend Capital Advisors LLC acquired a new position in First Trust Cloud Computing ETF in the fourth quarter valued at $218,000. Silver Oak Securities Incorporated purchased a new stake in shares of First Trust Cloud Computing ETF in the fourth quarter valued at about $276,000. Kestra Private Wealth Services LLC boosted its stake in shares of First Trust Cloud Computing ETF by 7.2% during the fourth quarter. Kestra Private Wealth Services LLC now owns 11,560 shares of the company’s stock worth $1,013,000 after buying an additional 775 shares during the period. Finally, Stonebridge Financial Planning Group LLC grew its holdings in shares of First Trust Cloud Computing ETF by 4.6% during the fourth quarter. Stonebridge Financial Planning Group LLC now owns 4,547 shares of the company’s stock worth $399,000 after buying an additional 200 shares during the last quarter.

First Trust Cloud Computing ETF Stock Up 1.1 %

SKYY stock traded up $1.07 during trading on Thursday, hitting $96.78. The company had a trading volume of 121,174 shares, compared to its average volume of 152,334. The firm has a 50-day moving average price of $94.54 and a 200-day moving average price of $93.93. The firm has a market cap of $2.97 billion, a PE ratio of 33.21 and a beta of 1.06. First Trust Cloud Computing ETF has a 1-year low of $70.42 and a 1-year high of $98.50.

First Trust Cloud Computing ETF 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.