First Trust Cloud Computing ETF (NASDAQ:SKYY) Shares Acquired by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC raised its holdings in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 1.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 101,361 shares of the company’s stock after acquiring an additional 1,353 shares during the quarter. Commonwealth Equity Services LLC owned approximately 0.33% of First Trust Cloud Computing ETF worth $12,074,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Raymond James Financial Inc. acquired a new position in shares of First Trust Cloud Computing ETF during the 4th quarter worth about $32,119,000. PNC Financial Services Group Inc. boosted its position in shares of First Trust Cloud Computing ETF by 86.2% in the 3rd quarter. PNC Financial Services Group Inc. now owns 177,430 shares of the company’s stock valued at $18,144,000 after purchasing an additional 82,121 shares during the period. Private Advisor Group LLC boosted its position in shares of First Trust Cloud Computing ETF by 34.2% in the 4th quarter. Private Advisor Group LLC now owns 161,588 shares of the company’s stock valued at $19,248,000 after purchasing an additional 41,222 shares during the period. JPMorgan Chase & Co. boosted its position in shares of First Trust Cloud Computing ETF by 4.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 147,336 shares of the company’s stock valued at $15,067,000 after purchasing an additional 5,620 shares during the period. Finally, National Bank of Canada FI boosted its position in shares of First Trust Cloud Computing ETF by 2.7% in the 3rd quarter. National Bank of Canada FI now owns 61,284 shares of the company’s stock valued at $6,267,000 after purchasing an additional 1,596 shares during the period.

First Trust Cloud Computing ETF Stock Down 1.6 %

Shares of NASDAQ SKYY opened at $106.97 on Wednesday. The stock has a market cap of $3.27 billion, a PE ratio of 33.08 and a beta of 1.14. First Trust Cloud Computing ETF has a 52-week low of $83.45 and a 52-week high of $131.54. The business has a 50-day moving average price of $121.17 and a 200 day moving average price of $115.15.

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.