Tradewinds LLC. purchased a new stake in First Trust Cloud Computing ETF (NASDAQ:SKYY – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,149 shares of the company’s stock, valued at approximately $278,000.
A number of other institutional investors and hedge funds also recently modified their holdings of the stock. LFA Lugano Financial Advisors SA acquired a new stake in shares of First Trust Cloud Computing ETF during the fourth quarter worth $32,000. Mirae Asset Global Investments Co. Ltd. lifted its stake in First Trust Cloud Computing ETF by 77.5% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 284 shares of the company’s stock valued at $34,000 after buying an additional 124 shares in the last quarter. Morse Asset Management Inc purchased a new stake in First Trust Cloud Computing ETF during the third quarter valued at about $40,000. SRS Capital Advisors Inc. boosted its holdings in shares of First Trust Cloud Computing ETF by 1,343.3% in the fourth quarter. SRS Capital Advisors Inc. now owns 433 shares of the company’s stock worth $52,000 after buying an additional 403 shares during the period. Finally, Hemington Wealth Management increased its position in shares of First Trust Cloud Computing ETF by 29.6% in the fourth quarter. Hemington Wealth Management now owns 469 shares of the company’s stock worth $55,000 after acquiring an additional 107 shares in the last quarter.
First Trust Cloud Computing ETF Stock Performance
Shares of NASDAQ:SKYY opened at $103.40 on Wednesday. The firm has a 50 day simple moving average of $118.48 and a 200 day simple moving average of $115.96. First Trust Cloud Computing ETF has a 52 week low of $83.45 and a 52 week high of $131.54. The company has a market cap of $3.18 billion, a PE ratio of 33.08 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.
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