RFG Advisory LLC Acquires 4,274 Shares of First Trust Cloud Computing ETF $SKYY

RFG Advisory LLC increased its holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 59.7% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,439 shares of the company’s stock after purchasing an additional 4,274 shares during the period. RFG Advisory LLC owned 0.05% of First Trust Cloud Computing ETF worth $1,251,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. US Bancorp DE lifted its position in shares of First Trust Cloud Computing ETF by 1.3% in the third quarter. US Bancorp DE now owns 6,108 shares of the company’s stock worth $821,000 after buying an additional 78 shares in the last quarter. Private Trust Co. NA grew its holdings in First Trust Cloud Computing ETF by 2.7% during the 4th quarter. Private Trust Co. NA now owns 3,034 shares of the company’s stock valued at $395,000 after buying an additional 79 shares in the last quarter. Parallel Advisors LLC grew its holdings in First Trust Cloud Computing ETF by 97.0% during the 3rd quarter. Parallel Advisors LLC now owns 197 shares of the company’s stock valued at $26,000 after buying an additional 97 shares in the last quarter. Exencial Wealth Advisors LLC increased its stake in First Trust Cloud Computing ETF by 2.3% in the 4th quarter. Exencial Wealth Advisors LLC now owns 4,477 shares of the company’s stock worth $582,000 after acquiring an additional 99 shares during the last quarter. Finally, Belpointe Asset Management LLC increased its stake in First Trust Cloud Computing ETF by 1.0% in the 4th quarter. Belpointe Asset Management LLC now owns 10,431 shares of the company’s stock worth $1,357,000 after acquiring an additional 100 shares during the last quarter.

First Trust Cloud Computing ETF Trading Up 2.4%

First Trust Cloud Computing ETF stock opened at $129.57 on Friday. First Trust Cloud Computing ETF has a 12-month low of $103.76 and a 12-month high of $155.76. The firm has a 50-day moving average price of $130.51 and a 200-day moving average price of $122.96. The firm has a market capitalization of $2.67 billion, a PE ratio of 33.85 and a beta of 1.24.

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.