Simplicity Wealth LLC lifted its holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY – Free Report) by 221.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,219 shares of the company’s stock after purchasing an additional 3,596 shares during the period. Simplicity Wealth LLC’s holdings in First Trust Cloud Computing ETF were worth $571,000 at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of the business. San Luis Wealth Advisors LLC bought a new position in First Trust Cloud Computing ETF during the fourth quarter valued at about $801,000. Evelyn Partners Investment Management LLP bought a new stake in shares of First Trust Cloud Computing ETF during the 4th quarter worth about $502,000. Hyposwiss Advisors SA acquired a new position in shares of First Trust Cloud Computing ETF during the 4th quarter valued at about $2,479,000. Osbon Capital Management LLC acquired a new position in shares of First Trust Cloud Computing ETF during the 4th quarter valued at about $1,093,000. Finally, Evelyn Partners Investment Management Europe Ltd bought a new position in shares of First Trust Cloud Computing ETF in the 4th quarter valued at approximately $5,508,000.
First Trust Cloud Computing ETF Stock Performance
SKYY opened at $140.05 on Tuesday. The business has a 50 day moving average price of $134.60 and a 200 day moving average price of $123.30. First Trust Cloud Computing ETF has a twelve month low of $103.76 and a twelve month high of $155.76. The firm has a market cap of $2.87 billion, a P/E ratio of 33.85 and a beta of 1.24.
First Trust Cloud Computing ETF Company 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.
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