First Trust Cloud Computing ETF (NASDAQ:SKYY) Stock Position Raised by Prosperity Financial Group Inc.

Prosperity Financial Group Inc. lifted its holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 0.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 21,036 shares of the company’s stock after buying an additional 129 shares during the period. First Trust Cloud Computing ETF comprises approximately 1.2% of Prosperity Financial Group Inc.’s portfolio, making the stock its 25th biggest position. Prosperity Financial Group Inc.’s holdings in First Trust Cloud Computing ETF were worth $2,506,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Wealthcare Advisory Partners LLC boosted its position in shares of First Trust Cloud Computing ETF by 29.1% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 3,984 shares of the company’s stock worth $475,000 after buying an additional 899 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of First Trust Cloud Computing ETF by 4.0% during the third quarter. JPMorgan Chase & Co. now owns 147,336 shares of the company’s stock worth $15,067,000 after acquiring an additional 5,620 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of First Trust Cloud Computing ETF by 77.5% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 284 shares of the company’s stock worth $34,000 after acquiring an additional 124 shares in the last quarter. Steward Partners Investment Advisory LLC raised its holdings in shares of First Trust Cloud Computing ETF by 12.3% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 7,820 shares of the company’s stock worth $932,000 after acquiring an additional 857 shares in the last quarter. Finally, Truist Financial Corp raised its holdings in shares of First Trust Cloud Computing ETF by 1.8% during the fourth quarter. Truist Financial Corp now owns 19,351 shares of the company’s stock worth $2,305,000 after acquiring an additional 335 shares in the last quarter.

First Trust Cloud Computing ETF Trading Up 0.4 %

Shares of NASDAQ:SKYY opened at $105.15 on Wednesday. First Trust Cloud Computing ETF has a 1 year low of $83.45 and a 1 year high of $131.54. The business has a fifty day simple moving average of $122.60 and a 200 day simple moving average of $114.81. The firm has a market cap of $3.23 billion, a price-to-earnings ratio of 32.02 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.