Warner Group LLC Makes New $3.28 Million Investment in First Trust Cloud Computing ETF $SKYY

Warner Group LLC acquired a new stake in First Trust Cloud Computing ETF (NASDAQ:SKYY) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 24,394 shares of the company’s stock, valued at approximately $3,279,000. First Trust Cloud Computing ETF accounts for 2.3% of Warner Group LLC’s investment portfolio, making the stock its 16th biggest holding.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Blair William & Co. IL increased its holdings in First Trust Cloud Computing ETF by 4.7% in the second quarter. Blair William & Co. IL now owns 2,145 shares of the company’s stock worth $261,000 after purchasing an additional 97 shares in the last quarter. Concurrent Investment Advisors LLC bought a new stake in shares of First Trust Cloud Computing ETF in the 2nd quarter valued at $258,000. CWM LLC lifted its position in shares of First Trust Cloud Computing ETF by 6.6% during the 2nd quarter. CWM LLC now owns 16,282 shares of the company’s stock valued at $1,981,000 after acquiring an additional 1,007 shares during the period. RFG Advisory LLC lifted its position in shares of First Trust Cloud Computing ETF by 73.4% during the 2nd quarter. RFG Advisory LLC now owns 5,089 shares of the company’s stock valued at $619,000 after acquiring an additional 2,154 shares during the period. Finally, Stratos Wealth Partners LTD. boosted its stake in First Trust Cloud Computing ETF by 9.7% during the second quarter. Stratos Wealth Partners LTD. now owns 23,674 shares of the company’s stock worth $2,880,000 after acquiring an additional 2,087 shares in the last quarter.

First Trust Cloud Computing ETF Trading Up 2.5%

SKYY opened at $114.26 on Friday. First Trust Cloud Computing ETF has a 1-year low of $85.38 and a 1-year high of $143.74. The company has a market cap of $2.53 billion, a P/E ratio of 33.85 and a beta of 1.24. The company has a fifty day moving average price of $125.68 and a two-hundred day moving average price of $129.04.

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.