RFG Advisory LLC Boosts Stock Holdings in First Trust Cloud Computing ETF $SKYY

RFG Advisory LLC increased its holdings in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 59.7% during the first quarter, Holdings Channel.com reports. The firm owned 11,439 shares of the company’s stock after buying an additional 4,274 shares during the period. RFG Advisory LLC’s holdings in First Trust Cloud Computing ETF were worth $1,251,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. San Luis Wealth Advisors LLC purchased a new position in shares of First Trust Cloud Computing ETF during the 4th quarter valued at approximately $801,000. Evelyn Partners Investment Management LLP purchased a new stake in First Trust Cloud Computing ETF during the fourth quarter worth $502,000. AlphaCore Capital LLC acquired a new stake in First Trust Cloud Computing ETF during the fourth quarter valued at $6,823,000. Hyposwiss Advisors SA acquired a new stake in First Trust Cloud Computing ETF during the fourth quarter valued at $2,479,000. Finally, Northbridge Financial Group LLC purchased a new position in First Trust Cloud Computing ETF in the fourth quarter valued at $543,000.

First Trust Cloud Computing ETF Stock Up 2.4%

Shares of First Trust Cloud Computing ETF stock opened at $129.57 on Friday. The firm has a market cap of $2.67 billion, a PE ratio of 33.85 and a beta of 1.24. First Trust Cloud Computing ETF has a twelve month low of $103.76 and a twelve month high of $155.76. The business has a 50-day moving average price of $130.51 and a 200 day moving average price of $122.96.

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.