Harbour Investments Inc. Has $1.57 Million Stock Position in First Trust Cloud Computing ETF (NASDAQ:SKYY)

Harbour Investments Inc. grew its stake in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 19.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 13,191 shares of the company’s stock after buying an additional 2,188 shares during the quarter. Harbour Investments Inc.’s holdings in First Trust Cloud Computing ETF were worth $1,571,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. LFA Lugano Financial Advisors SA acquired a new stake in shares of First Trust Cloud Computing ETF in the 4th quarter worth about $32,000. Mirae Asset Global Investments Co. Ltd. raised its holdings 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 worth $34,000 after acquiring an additional 124 shares during the last quarter. Morse Asset Management Inc bought a new stake in First Trust Cloud Computing ETF in the 3rd quarter worth about $40,000. SRS Capital Advisors Inc. grew its position in First Trust Cloud Computing ETF by 1,343.3% in the 4th quarter. SRS Capital Advisors Inc. now owns 433 shares of the company’s stock worth $52,000 after purchasing an additional 403 shares in the last quarter. Finally, Hemington Wealth Management grew its position in First Trust Cloud Computing ETF by 29.6% in the 4th quarter. Hemington Wealth Management now owns 469 shares of the company’s stock worth $55,000 after purchasing an additional 107 shares in the last quarter.

First Trust Cloud Computing ETF Stock Performance

Shares of SKYY stock opened at $108.66 on Tuesday. First Trust Cloud Computing ETF has a 52-week low of $83.45 and a 52-week high of $131.54. The company has a 50-day simple moving average of $121.44 and a two-hundred day simple moving average of $115.09. The company has a market capitalization of $3.34 billion, a price-to-earnings ratio of 32.02 and a beta of 1.06.

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.