Northbridge Financial Group LLC acquired a new position in First Trust Cloud Computing ETF (NASDAQ:SKYY – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 4,171 shares of the company’s stock, valued at approximately $543,000.
Several other institutional investors also recently modified their holdings of SKYY. Parallel Advisors LLC grew its stake in shares of First Trust Cloud Computing ETF by 97.0% in the third quarter. Parallel Advisors LLC now owns 197 shares of the company’s stock worth $26,000 after purchasing an additional 97 shares during the last quarter. N.E.W. Advisory Services LLC bought a new stake in shares of First Trust Cloud Computing ETF in the fourth quarter worth $30,000. Lowe Brockenbrough & Co. Inc. bought a new stake in shares of First Trust Cloud Computing ETF in the third quarter worth $41,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of First Trust Cloud Computing ETF in the fourth quarter worth $65,000. Finally, Providence Capital Advisors LLC bought a new stake in shares of First Trust Cloud Computing ETF in the third quarter worth $67,000.
First Trust Cloud Computing ETF Price Performance
Shares of SKYY stock opened at $128.11 on Wednesday. The business’s 50 day simple moving average is $116.49 and its 200 day simple moving average is $122.21. First Trust Cloud Computing ETF has a one year low of $103.76 and a one year high of $143.74. The stock has a market capitalization of $2.64 billion, a PE ratio of 33.85 and a beta of 1.19.
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.
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