United Advisor Group LLC bought a new stake in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY – Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,776 shares of the company’s stock, valued at approximately $216,000.
A number of other institutional investors and hedge funds also recently made changes to their positions in SKYY. Peterson Wealth Management boosted its stake in shares of First Trust Cloud Computing ETF by 0.7% during the 1st quarter. Peterson Wealth Management now owns 13,589 shares of the company’s stock worth $1,389,000 after acquiring an additional 96 shares in the last quarter. Blair William & Co. IL lifted its holdings in First Trust Cloud Computing ETF by 4.7% in the 2nd quarter. Blair William & Co. IL now owns 2,145 shares of the company’s stock worth $261,000 after purchasing an additional 97 shares during the last quarter. Banco Santander S.A. lifted its holdings in First Trust Cloud Computing ETF by 4.9% in the 1st quarter. Banco Santander S.A. now owns 2,580 shares of the company’s stock worth $264,000 after purchasing an additional 120 shares during the last quarter. Edmond DE Rothschild Holding S.A. boosted its position in First Trust Cloud Computing ETF by 4.6% during the first quarter. Edmond DE Rothschild Holding S.A. now owns 2,821 shares of the company’s stock worth $288,000 after purchasing an additional 125 shares during the period. Finally, Trivium Point Advisory LLC grew its holdings in First Trust Cloud Computing ETF by 0.4% during the second quarter. Trivium Point Advisory LLC now owns 33,206 shares of the company’s stock valued at $4,039,000 after purchasing an additional 127 shares during the last quarter.
First Trust Cloud Computing ETF Stock Down 0.4%
NASDAQ:SKYY opened at $126.90 on Thursday. The company’s 50 day moving average is $135.77 and its 200-day moving average is $125.40. First Trust Cloud Computing ETF has a 12 month low of $85.38 and a 12 month high of $143.74. The firm has a market cap of $3.04 billion, a price-to-earnings ratio of 33.85 and a beta of 1.24.
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.
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