Kraft Davis & Associates LLC increased its stake in First Trust Cloud Computing ETF (NASDAQ:SKYY – Free Report) by 112.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,463 shares of the company’s stock after purchasing an additional 3,425 shares during the quarter. Kraft Davis & Associates LLC’s holdings in First Trust Cloud Computing ETF were worth $870,000 at the end of the most recent quarter.
Other large investors have also added to or reduced their stakes in the company. Paragon Private Wealth Management LLC raised its stake in First Trust Cloud Computing ETF by 127.1% during the 2nd quarter. Paragon Private Wealth Management LLC now owns 34,065 shares of the company’s stock valued at $4,584,000 after buying an additional 19,068 shares during the last quarter. Continuum Advisory LLC purchased a new position in shares of First Trust Cloud Computing ETF in the 2nd quarter worth $59,000. RPg Family Wealth Advisory LLC bought a new stake in shares of First Trust Cloud Computing ETF in the second quarter worth $5,687,000. Risk Paradigm Group LLC bought a new stake in shares of First Trust Cloud Computing ETF in the second quarter worth $5,449,000. Finally, Two Sigma Securities LLC bought a new stake in shares of First Trust Cloud Computing ETF in the second quarter worth $640,000.
First Trust Cloud Computing ETF Stock Performance
First Trust Cloud Computing ETF stock opened at $159.31 on Thursday. First Trust Cloud Computing ETF has a one year low of $103.76 and a one year high of $169.05. The stock has a fifty day moving average of $147.17 and a 200 day moving average of $130.39. The stock has a market cap of $3.19 billion, a PE ratio of 33.85 and a beta of 1.26.
First Trust Cloud Computing ETF Company 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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