Mariner LLC Sells 533 Shares of First Trust Cloud Computing ETF (NASDAQ:SKYY)

Mariner LLC reduced its stake in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 1.7% during the fourth quarter, Holdings Channel reports. The firm owned 30,557 shares of the company’s stock after selling 533 shares during the quarter. Mariner LLC’s holdings in First Trust Cloud Computing ETF were worth $3,640,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Wealthcare Advisory Partners LLC grew its stake in First Trust Cloud Computing ETF by 29.1% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 3,984 shares of the company’s stock worth $475,000 after purchasing an additional 899 shares during the period. JPMorgan Chase & Co. grew its holdings in First Trust Cloud Computing ETF by 4.0% in the third quarter. JPMorgan Chase & Co. now owns 147,336 shares of the company’s stock worth $15,067,000 after purchasing an additional 5,620 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its holdings 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 valued at $34,000 after purchasing an additional 124 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its position in shares of First Trust Cloud Computing ETF by 12.3% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 7,820 shares of the company’s stock worth $932,000 after purchasing an additional 857 shares in the last quarter. Finally, Truist Financial Corp increased its position in First Trust Cloud Computing ETF by 1.8% during the 4th quarter. Truist Financial Corp now owns 19,351 shares of the company’s stock valued at $2,305,000 after buying an additional 335 shares in the last quarter.

First Trust Cloud Computing ETF Trading Down 3.3 %

First Trust Cloud Computing ETF stock opened at $92.16 on Tuesday. The business’s fifty day simple moving average is $108.02 and its two-hundred day simple moving average is $115.21. The company has a market capitalization of $2.73 billion, a price-to-earnings ratio of 27.61 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 $131.54.

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.