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Janney Montgomery Scott LLC trims holding in first Trust Cloud Computing ETF (NASDAQ:SKYY)

Janney Montgomery Scott LLC reduced her holding in First Trust Cloud Computing ETF (NASDAQ:SKYY – Free Report) by 7.6% during the first quarter, according to the company in its most recent disclosure to the Securities and Exchange Commission. The firm owned 59,200 shares of the company after selling 4,857 shares during the period. Janney Montgomery Scott LLC owned approximately 0.15% of First Trust Cloud Computing ETF worth $3,961,000 at its latest SEC filing.

Other major investors have also recently changed their stakes in the company. JPMorgan Chase & Co. increased its holdings in First Trust Cloud Computing ETF by 6.8% during the first quarter. JPMorgan Chase & Co. now owns 154,711 shares of the company valued at $14,004,000 after purchasing an additional 9,810 shares during the period. Jane Street Group LLC increased its holdings in First Trust Cloud Computing ETF by 126.8% during the fourth quarter. Jane Street Group LLC now owns 139,917 shares of the company valued at $8,061,000 after purchasing an additional 78,217 shares during the period. Flagship Harbor Advisors LLC purchased a new position in First Trust Cloud Computing ETF during the first quarter valued at approximately $6,051,000. Ignite Planners LLC increased its holdings of First Trust Cloud Computing ETF by 2,111.8% during the fourth quarter. Ignite Planners LLC now owns 84,976 shares of the company valued at $5,458,000 after purchasing an additional 81,134 shares during the period. Finally, First Republic Investment Management Inc. increased its holdings in First Trust Cloud Computing ETF by 71.8% during the first quarter. First Republic Investment Management Inc. now owns 82,215 shares of the company valued at $7,442,000 after purchasing an additional 34,350 shares during the period.

First Trust Cloud Computing ETF Price Performance

Shares of NASDAQ:SKYY opened at $78.35 on Tuesday. First Trust Cloud Computing ETF has a 1-year low of $54.50 and a 1-year high of $82.10. The company has a market cap of $2.96 billion, a PE of 20.90, and a beta of 1.06. The stock’s 50-day moving average is $74.62 and its 200-day moving average is $67.85.

First Trust Cloud Computing ETF profile

(Free Report)

The First Trust Cloud Computing ETF (SKYY) is an exchange-traded fund based on the ISE Cloud Computing Index. The fund tracks an index of companies involved in the cloud computing industry. The shares are modified equally weighted with a maximum limit of 4.5%. SKYY was launched on 5 July 2011 and is managed by First Trust.

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Institutional ownership by quarter for First Trust Cloud Computing ETF (NASDAQ:SKYY)

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