Prime Capital Investment Advisors LLC Sells 3,116 Shares of First Trust Cloud Computing ETF $SKYY

Prime Capital Investment Advisors LLC decreased its holdings in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 57.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,347 shares of the company’s stock after selling 3,116 shares during the period. Prime Capital Investment Advisors LLC’s holdings in First Trust Cloud Computing ETF were worth $385,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. GK Wealth Management LLC bought a new position in shares of First Trust Cloud Computing ETF in the third quarter valued at $29,000. Continuum Advisory LLC acquired a new stake in shares of First Trust Cloud Computing ETF in the 2nd quarter worth about $40,000. TD Waterhouse Canada Inc. raised its holdings in shares of First Trust Cloud Computing ETF by 35.2% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 307 shares of the company’s stock worth $41,000 after acquiring an additional 80 shares during the last quarter. Howe & Rusling Inc. acquired a new stake in shares of First Trust Cloud Computing ETF in the 1st quarter worth about $42,000. Finally, Beacon Investment Advisory Services Inc. acquired a new stake in shares of First Trust Cloud Computing ETF in the 2nd quarter worth about $52,000.

First Trust Cloud Computing ETF Stock Performance

Shares of NASDAQ SKYY opened at $167.36 on Friday. First Trust Cloud Computing ETF has a fifty-two week low of $103.76 and a fifty-two week high of $175.81. The stock has a market cap of $3.51 billion, a price-to-earnings ratio of 33.85 and a beta of 1.27. The firm’s 50-day simple moving average is $164.10 and its 200 day simple moving average is $144.13.

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.