Chicago Partners Investment Group LLC Increases Position in First Trust Cloud Computing ETF $SKYY

Chicago Partners Investment Group LLC raised its stake in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 4.3% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,925 shares of the company’s stock after acquiring an additional 163 shares during the period. Chicago Partners Investment Group LLC’s holdings in First Trust Cloud Computing ETF were worth $487,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SKYY. Farther Finance Advisors LLC raised its stake in First Trust Cloud Computing ETF by 615.4% during the 1st quarter. Farther Finance Advisors LLC now owns 279 shares of the company’s stock valued at $29,000 after acquiring an additional 240 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its stake in shares of First Trust Cloud Computing ETF by 13.6% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 144,632 shares of the company’s stock worth $14,786,000 after purchasing an additional 17,317 shares during the last quarter. Oppenheimer & Co. Inc. raised its position in First Trust Cloud Computing ETF by 17.8% during the 1st quarter. Oppenheimer & Co. Inc. now owns 27,052 shares of the company’s stock worth $2,766,000 after buying an additional 4,081 shares during the last quarter. International Assets Investment Management LLC raised its position in First Trust Cloud Computing ETF by 13.0% during the 1st quarter. International Assets Investment Management LLC now owns 6,252 shares of the company’s stock worth $639,000 after buying an additional 721 shares during the last quarter. Finally, Archford Capital Strategies LLC raised its position in First Trust Cloud Computing ETF by 5.0% during the 1st quarter. Archford Capital Strategies LLC now owns 5,576 shares of the company’s stock worth $570,000 after buying an additional 263 shares during the last quarter.

First Trust Cloud Computing ETF Stock Performance

Shares of First Trust Cloud Computing ETF stock opened at $134.43 on Thursday. The company has a market cap of $3.25 billion, a P/E ratio of 33.85 and a beta of 1.06. First Trust Cloud Computing ETF has a one year low of $85.38 and a one year high of $138.82. The firm has a fifty day moving average of $131.16 and a two-hundred day moving average of $119.69.

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.