Warner Group LLC Takes $3.28 Million Position in First Trust Cloud Computing ETF $SKYY

Warner Group LLC acquired a new position in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 24,394 shares of the company’s stock, valued at approximately $3,279,000. First Trust Cloud Computing ETF comprises approximately 2.3% of Warner Group LLC’s holdings, making the stock its 16th biggest position. Warner Group LLC owned 0.10% of First Trust Cloud Computing ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Lowe Brockenbrough & Co. Inc. acquired a new position in First Trust Cloud Computing ETF during the third quarter worth about $41,000. Advisors Preferred LLC bought a new stake in shares of First Trust Cloud Computing ETF during the 2nd quarter valued at approximately $47,000. Providence Capital Advisors LLC acquired a new position in First Trust Cloud Computing ETF during the 3rd quarter worth approximately $67,000. Huntington National Bank lifted its stake in First Trust Cloud Computing ETF by 190.9% in the 2nd quarter. Huntington National Bank now owns 800 shares of the company’s stock valued at $97,000 after purchasing an additional 525 shares during the last quarter. Finally, Newbridge Financial Services Group Inc. boosted its position in First Trust Cloud Computing ETF by 279.4% in the second quarter. Newbridge Financial Services Group Inc. now owns 1,237 shares of the company’s stock valued at $150,000 after buying an additional 911 shares in the last quarter.

First Trust Cloud Computing ETF Stock Performance

Shares of NASDAQ:SKYY opened at $114.26 on Friday. First Trust Cloud Computing ETF has a 52-week low of $85.38 and a 52-week high of $143.74. The company has a market capitalization of $2.53 billion, a PE ratio of 33.85 and a beta of 1.24. The company has a fifty day moving average of $125.68 and a 200-day moving average of $129.04.

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.