16,529 Shares in First Trust Cloud Computing ETF (NASDAQ:SKYY) Purchased by Golden State Wealth Management LLC

Golden State Wealth Management LLC acquired a new position in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 16,529 shares of the company’s stock, valued at approximately $1,969,000. Golden State Wealth Management LLC owned approximately 0.05% of First Trust Cloud Computing ETF at the end of the most recent reporting period.

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

First Trust Cloud Computing ETF Price Performance

SKYY opened at $129.20 on Friday. First Trust Cloud Computing ETF has a 1 year low of $83.45 and a 1 year high of $131.13. The stock has a 50-day moving average price of $123.89 and a 200-day moving average price of $109.98. The firm has a market cap of $3.97 billion, a PE ratio of 33.21 and a beta of 1.06.

First Trust Cloud Computing ETF 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.