Private Advisor Group LLC lifted its stake in First Trust Cloud Computing ETF (NASDAQ:SKYY – Free Report) by 34.2% in the fourth quarter, HoldingsChannel reports. The firm owned 161,588 shares of the company’s stock after acquiring an additional 41,222 shares during the quarter. Private Advisor Group LLC’s holdings in First Trust Cloud Computing ETF were worth $19,248,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently bought and sold shares of SKYY. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of First Trust Cloud Computing ETF by 77.5% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 284 shares of the company’s stock valued at $34,000 after buying an additional 124 shares during the period. Morse Asset Management Inc acquired a new stake in First Trust Cloud Computing ETF in the third quarter valued at approximately $40,000. Hemington Wealth Management lifted its stake in First Trust Cloud Computing ETF by 29.6% in the fourth quarter. Hemington Wealth Management now owns 469 shares of the company’s stock worth $55,000 after acquiring an additional 107 shares during the last quarter. Values First Advisors Inc. acquired a new position in First Trust Cloud Computing ETF during the 3rd quarter worth approximately $49,000. Finally, Kestra Investment Management LLC purchased a new stake in shares of First Trust Cloud Computing ETF during the 4th quarter worth $58,000.
First Trust Cloud Computing ETF Price Performance
NASDAQ:SKYY opened at $128.87 on Thursday. First Trust Cloud Computing ETF has a 12 month low of $83.45 and a 12 month high of $131.54. The firm has a market capitalization of $3.96 billion, a PE ratio of 33.21 and a beta of 1.06. The business’s fifty day moving average price is $124.76 and its 200 day moving average price is $112.53.
About First Trust Cloud Computing ETF
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.
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