Kingsview Wealth Management LLC Purchases 320 Shares of First Trust Cloud Computing ETF (NASDAQ:SKYY)

Kingsview Wealth Management LLC boosted its position in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 1.5% in the fourth quarter, HoldingsChannel reports. The fund owned 22,119 shares of the company’s stock after purchasing an additional 320 shares during the quarter. Kingsview Wealth Management LLC’s holdings in First Trust Cloud Computing ETF were worth $2,635,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of First Trust Cloud Computing ETF by 77.5% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 284 shares of the company’s stock valued at $34,000 after purchasing an additional 124 shares during the last quarter. Morse Asset Management Inc acquired a new position in First Trust Cloud Computing ETF during the 3rd quarter valued at about $40,000. Values First Advisors Inc. acquired a new position in First Trust Cloud Computing ETF during the 3rd quarter valued at about $49,000. Wilmington Savings Fund Society FSB purchased a new stake in First Trust Cloud Computing ETF in the third quarter valued at about $65,000. Finally, GAMMA Investing LLC boosted its holdings in First Trust Cloud Computing ETF by 37.2% in the third quarter. GAMMA Investing LLC now owns 738 shares of the company’s stock worth $75,000 after acquiring an additional 200 shares in the last quarter.

First Trust Cloud Computing ETF Stock Down 0.2 %

SKYY opened at $128.94 on Monday. The company has a market cap of $3.96 billion, a P/E ratio of 33.21 and a beta of 1.06. The firm’s 50-day moving average price is $124.18 and its 200-day moving average price is $110.45. First Trust Cloud Computing ETF has a 52-week low of $83.45 and a 52-week high of $131.13.

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.