Janney Montgomery Scott LLC lifted its stake in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 21.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,289 shares of the company’s stock after buying an additional 2,686 shares during the period. Janney Montgomery Scott LLC’s holdings in First Trust Cloud Computing ETF were worth $867,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently modified their holdings of SKYY. Bank of Montreal Can acquired a new stake in shares of First Trust Cloud Computing ETF in the 2nd quarter valued at $2,430,000. Cornerstone Wealth Management LLC acquired a new stake in shares of First Trust Cloud Computing ETF in the 2nd quarter valued at $1,037,000. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in shares of First Trust Cloud Computing ETF in the 2nd quarter valued at $106,000. Raymond James Financial Services Advisors Inc. increased its stake in shares of First Trust Cloud Computing ETF by 24.1% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 191,935 shares of the company’s stock valued at $10,207,000 after buying an additional 37,330 shares during the period. Finally, Telemus Capital LLC acquired a new stake in shares of First Trust Cloud Computing ETF in the 2nd quarter valued at $751,000.
Shares of NASDAQ SKYY traded down $0.61 during midday trading on Wednesday, hitting $48.62. The stock had a trading volume of 501,705 shares, compared to its average volume of 298,762. First Trust Cloud Computing ETF has a fifty-two week low of $44.10 and a fifty-two week high of $57.07.
The business also recently declared a quarterly dividend, which will be paid on Monday, December 31st. Stockholders of record on Wednesday, December 19th will be given a $0.0436 dividend. This is a positive change from First Trust Cloud Computing ETF’s previous quarterly dividend of $0.04. This represents a $0.17 annualized dividend and a dividend yield of 0.36%. The ex-dividend date is Tuesday, December 18th.
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