First Trust Cloud Computing ETF $SKYY Shares Acquired by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC raised its holdings in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 17.2% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 4,508 shares of the company’s stock after buying an additional 661 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in First Trust Cloud Computing ETF were worth $548,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. lifted its stake in First Trust Cloud Computing ETF by 69.4% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 481 shares of the company’s stock valued at $50,000 after acquiring an additional 197 shares during the period. Farther Finance Advisors LLC increased its holdings in shares of 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 purchasing an additional 240 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of First Trust Cloud Computing ETF by 15.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 56,108 shares of the company’s stock valued at $5,736,000 after purchasing an additional 7,614 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC increased its holdings in shares of First Trust Cloud Computing ETF by 7.6% during the 1st quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,292 shares of the company’s stock valued at $337,000 after purchasing an additional 233 shares in the last quarter. Finally, Assetmark Inc. increased its holdings in shares of First Trust Cloud Computing ETF by 12.6% during the 1st quarter. Assetmark Inc. now owns 23,779 shares of the company’s stock valued at $2,431,000 after purchasing an additional 2,655 shares in the last quarter.

First Trust Cloud Computing ETF Price Performance

NASDAQ:SKYY opened at $137.49 on Friday. The firm has a market cap of $3.29 billion, a price-to-earnings ratio of 33.85 and a beta of 1.06. The company has a 50 day moving average price of $128.73 and a 200-day moving average price of $117.77. First Trust Cloud Computing ETF has a 1-year low of $85.38 and a 1-year high of $138.82.

First Trust Cloud Computing ETF 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.