ERn Financial LLC Sells 237 Shares of First Trust Cloud Computing ETF (NASDAQ:SKYY)

ERn Financial LLC lessened its holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 1.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 18,532 shares of the company’s stock after selling 237 shares during the period. ERn Financial LLC’s holdings in First Trust Cloud Computing ETF were worth $2,208,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Thurston Springer Miller Herd & Titak Inc. lifted its position in First Trust Cloud Computing ETF by 4,515.5% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 7,431 shares of the company’s stock worth $885,000 after buying an additional 7,270 shares in the last quarter. Park Avenue Securities LLC bought a new stake in First Trust Cloud Computing ETF during the fourth quarter worth about $697,000. SeaCrest Wealth Management LLC grew its stake in First Trust Cloud Computing ETF by 2.2% in the fourth quarter. SeaCrest Wealth Management LLC now owns 10,374 shares of the company’s stock valued at $1,236,000 after purchasing an additional 219 shares in the last quarter. Eastern Bank acquired a new position in shares of First Trust Cloud Computing ETF during the 4th quarter worth approximately $114,000. Finally, Regent Peak Wealth Advisors LLC bought a new stake in shares of First Trust Cloud Computing ETF during the 4th quarter worth approximately $210,000.

First Trust Cloud Computing ETF Trading Up 2.0 %

NASDAQ SKYY opened at $121.06 on Thursday. The company has a market cap of $3.68 billion, a PE ratio of 33.21 and a beta of 1.06. First Trust Cloud Computing ETF has a 12 month low of $83.45 and a 12 month high of $131.13. The stock has a 50 day moving average of $121.83 and a 200-day moving average of $106.81.

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.