Ameritas Advisory Services LLC raised its stake in First Trust Cloud Computing ETF (NASDAQ:SKYY – Free Report) by 59.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 16,211 shares of the company’s stock after purchasing an additional 6,040 shares during the quarter. Ameritas Advisory Services LLC’s holdings in First Trust Cloud Computing ETF were worth $2,109,000 at the end of the most recent reporting period.
A number of other institutional investors have also modified their holdings of the stock. Envestnet Asset Management Inc. boosted its stake in shares of First Trust Cloud Computing ETF by 61.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 154,904 shares of the company’s stock worth $20,822,000 after acquiring an additional 58,740 shares during the last quarter. SPC Financial Inc. increased its stake in shares of First Trust Cloud Computing ETF by 10.7% in the 3rd quarter. SPC Financial Inc. now owns 51,711 shares of the company’s stock worth $6,951,000 after purchasing an additional 4,978 shares in the last quarter. San Luis Wealth Advisors LLC bought a new position in First Trust Cloud Computing ETF in the 4th quarter worth $801,000. Florin Court Capital LLP lifted its position in First Trust Cloud Computing ETF by 96.0% during the third quarter. Florin Court Capital LLP now owns 19,600 shares of the company’s stock valued at $2,635,000 after purchasing an additional 9,600 shares in the last quarter. Finally, Warner Group LLC purchased a new position in First Trust Cloud Computing ETF during the third quarter valued at $3,279,000.
First Trust Cloud Computing ETF Stock Performance
NASDAQ:SKYY opened at $125.62 on Thursday. The stock has a 50-day simple moving average of $115.17 and a two-hundred day simple moving average of $122.54. The firm has a market capitalization of $2.59 billion, a PE ratio of 33.85 and a beta of 1.19. First Trust Cloud Computing ETF has a 52-week low of $103.76 and a 52-week high of $143.74.
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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