Two Sigma Securities LLC Acquires New Stake in First Trust Cloud Computing ETF $SKYY

Two Sigma Securities LLC acquired a new stake in First Trust Cloud Computing ETF (NASDAQ:SKYY) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 4,756 shares of the company’s stock, valued at approximately $640,000.

Other institutional investors also recently bought and sold shares of the company. Parallel Advisors LLC lifted its stake in shares of First Trust Cloud Computing ETF by 97.0% in the 3rd quarter. Parallel Advisors LLC now owns 197 shares of the company’s stock worth $26,000 after acquiring an additional 97 shares during the period. RFG Advisory LLC increased its stake in shares of First Trust Cloud Computing ETF by 1.5% during the fourth quarter. RFG Advisory LLC now owns 7,165 shares of the company’s stock worth $932,000 after acquiring an additional 107 shares during the period. Arkadios Wealth Advisors raised its holdings in First Trust Cloud Computing ETF by 2.6% during the first quarter. Arkadios Wealth Advisors now owns 4,577 shares of the company’s stock worth $501,000 after purchasing an additional 116 shares in the last quarter. Beacon Financial Advisory LLC raised its holdings in First Trust Cloud Computing ETF by 2.8% during the fourth quarter. Beacon Financial Advisory LLC now owns 4,297 shares of the company’s stock worth $559,000 after purchasing an additional 117 shares in the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC lifted its position in First Trust Cloud Computing ETF by 1.7% in the first quarter. Pinnacle Wealth Management Advisory Group LLC now owns 7,154 shares of the company’s stock valued at $782,000 after purchasing an additional 118 shares during the period.

First Trust Cloud Computing ETF Trading Down 2.8%

Shares of SKYY opened at $160.72 on Wednesday. First Trust Cloud Computing ETF has a twelve month low of $103.76 and a twelve month high of $169.05. The stock’s 50 day moving average is $146.57 and its two-hundred day moving average is $130.06. The firm has a market capitalization of $3.21 billion, a PE ratio of 33.85 and a beta of 1.26.

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.