James J. Burns & Company LLC Buys 208 Shares of First Trust Cloud Computing ETF (NASDAQ:SKYY)

James J. Burns & Company LLC grew its stake in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 4.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,117 shares of the company’s stock after acquiring an additional 208 shares during the period. James J. Burns & Company LLC’s holdings in First Trust Cloud Computing ETF were worth $609,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of SKYY. Morse Asset Management Inc bought a new position in First Trust Cloud Computing ETF in the third quarter worth approximately $40,000. Values First Advisors Inc. purchased a new stake in First Trust Cloud Computing ETF during the third quarter worth $49,000. Wilmington Savings Fund Society FSB bought a new stake in First Trust Cloud Computing ETF during the 3rd quarter valued at $65,000. GAMMA Investing LLC increased its holdings in shares of First Trust Cloud Computing ETF by 37.2% in the 3rd quarter. GAMMA Investing LLC now owns 738 shares of the company’s stock valued at $75,000 after acquiring an additional 200 shares during the period. Finally, Eastern Bank bought a new position in shares of First Trust Cloud Computing ETF in the 4th quarter worth $114,000.

First Trust Cloud Computing ETF Price Performance

Shares of NASDAQ SKYY opened at $127.03 on Tuesday. The business has a fifty day moving average price of $123.55 and a 200 day moving average price of $109.35. First Trust Cloud Computing ETF has a 1-year low of $83.45 and a 1-year high of $131.13. The stock has a market capitalization of $3.91 billion, a P/E ratio of 33.21 and a beta of 1.06.

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.