HUB Investment Partners LLC Has $579,000 Stake in First Trust Cloud Computing ETF (NASDAQ:SKYY)

HUB Investment Partners LLC lowered its stake in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 26.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,863 shares of the company’s stock after selling 1,768 shares during the period. HUB Investment Partners LLC’s holdings in First Trust Cloud Computing ETF were worth $579,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. LFA Lugano Financial Advisors SA bought a new stake in First Trust Cloud Computing ETF during the 4th quarter worth about $32,000. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of First Trust Cloud Computing ETF by 77.5% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 284 shares of the company’s stock worth $34,000 after buying an additional 124 shares during the last quarter. Morse Asset Management Inc acquired a new position in First Trust Cloud Computing ETF in the third quarter valued at approximately $40,000. SRS Capital Advisors Inc. boosted its stake in First Trust Cloud Computing ETF by 1,343.3% in the fourth quarter. SRS Capital Advisors Inc. now owns 433 shares of the company’s stock valued at $52,000 after acquiring an additional 403 shares during the last quarter. Finally, Hemington Wealth Management grew its holdings in First Trust Cloud Computing ETF by 29.6% during the 4th quarter. Hemington Wealth Management now owns 469 shares of the company’s stock worth $55,000 after acquiring an additional 107 shares during the period.

First Trust Cloud Computing ETF Stock Up 0.4 %

SKYY stock opened at $108.54 on Friday. First Trust Cloud Computing ETF has a twelve month low of $83.45 and a twelve month high of $131.54. The company has a market cap of $3.34 billion, a P/E ratio of 33.08 and a beta of 1.06. The business’s fifty day moving average is $120.48 and its 200-day moving average is $115.13.

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.