2,079 Shares in First Trust Cloud Computing ETF (NASDAQ:SKYY) Bought by Legacy Capital Group California Inc.

Legacy Capital Group California Inc. purchased a new stake in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 2,079 shares of the company’s stock, valued at approximately $248,000.

A number of other large investors have also recently bought and sold shares of SKYY. International Assets Investment Management LLC boosted its stake in First Trust Cloud Computing ETF by 11,038.7% during the third quarter. International Assets Investment Management LLC now owns 412,243 shares of the company’s stock worth $42,156,000 after acquiring an additional 408,542 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in shares of First Trust Cloud Computing ETF by 86.2% in the 3rd quarter. PNC Financial Services Group Inc. now owns 177,430 shares of the company’s stock worth $18,144,000 after acquiring an additional 82,121 shares in the last quarter. Raymond James & Associates increased its stake in First Trust Cloud Computing ETF by 9.2% in the 3rd quarter. Raymond James & Associates now owns 162,068 shares of the company’s stock valued at $16,573,000 after buying an additional 13,689 shares during the last quarter. Private Advisor Group LLC grew its position in First Trust Cloud Computing ETF by 34.2% during the fourth quarter. Private Advisor Group LLC now owns 161,588 shares of the company’s stock valued at $19,248,000 after buying an additional 41,222 shares during the period. Finally, JPMorgan Chase & Co. lifted its stake in shares of First Trust Cloud Computing ETF by 4.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 147,336 shares of the company’s stock valued at $15,067,000 after buying an additional 5,620 shares in the last quarter.

First Trust Cloud Computing ETF Stock Performance

Shares of First Trust Cloud Computing ETF stock opened at $121.78 on Friday. The company has a fifty day moving average of $124.76 and a 200-day moving average of $112.63. First Trust Cloud Computing ETF has a 52-week low of $83.45 and a 52-week high of $131.54. The stock has a market capitalization of $3.74 billion, a price-to-earnings ratio of 33.21 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.