MML Investors Services LLC raised its position in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 50.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 217,446 shares of the company’s stock after acquiring an additional 72,962 shares during the quarter. MML Investors Services LLC owned about 0.57% of First Trust Cloud Computing ETF worth $12,564,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Arlington Capital Management Inc. bought a new position in shares of First Trust Cloud Computing ETF in the 1st quarter worth about $17,397,000. Envestnet Asset Management Inc. increased its holdings in First Trust Cloud Computing ETF by 503.6% in the second quarter. Envestnet Asset Management Inc. now owns 320,369 shares of the company’s stock worth $18,511,000 after purchasing an additional 267,294 shares in the last quarter. Raymond James & Associates increased its holdings in First Trust Cloud Computing ETF by 68.6% in the first quarter. Raymond James & Associates now owns 393,752 shares of the company’s stock worth $22,684,000 after purchasing an additional 160,141 shares in the last quarter. Affinity Wealth Management LLC lifted its stake in First Trust Cloud Computing ETF by 23.3% in the first quarter. Affinity Wealth Management LLC now owns 372,519 shares of the company’s stock valued at $21,461,000 after buying an additional 70,305 shares during the period. Finally, Delek Group Ltd. acquired a new position in First Trust Cloud Computing ETF in the second quarter valued at approximately $3,762,000.

Shares of First Trust Cloud Computing ETF stock traded up $0.70 on Wednesday, reaching $58.04. 1,469 shares of the company’s stock were exchanged, compared to its average volume of 262,460. First Trust Cloud Computing ETF has a 52 week low of $45.36 and a 52 week high of $61.37. The firm’s 50-day moving average is $57.49 and its two-hundred day moving average is $58.17.

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Institutional Ownership by Quarter for First Trust Cloud Computing ETF (NASDAQ:SKYY)

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