Global Retirement Partners LLC grew its position in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY – Free Report) by 344.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 2,968 shares of the company’s stock after buying an additional 2,300 shares during the quarter. Global Retirement Partners LLC’s holdings in First Trust Cloud Computing ETF were worth $259,000 as of its most recent filing with the SEC.
Other hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its stake in shares of First Trust Cloud Computing ETF by 6.8% during the first quarter. JPMorgan Chase & Co. now owns 154,711 shares of the company’s stock worth $14,004,000 after buying an additional 9,810 shares during the period. Synovus Financial Corp boosted its stake in shares of First Trust Cloud Computing ETF by 103.8% during the first quarter. Synovus Financial Corp now owns 8,676 shares of the company’s stock worth $789,000 after buying an additional 4,418 shares during the period. Vontobel Holding Ltd. boosted its stake in shares of First Trust Cloud Computing ETF by 2.0% during the first quarter. Vontobel Holding Ltd. now owns 8,365 shares of the company’s stock worth $757,000 after buying an additional 165 shares during the period. Blair William & Co. IL boosted its stake in shares of First Trust Cloud Computing ETF by 11.4% during the first quarter. Blair William & Co. IL now owns 3,735 shares of the company’s stock worth $338,000 after buying an additional 382 shares during the period. Finally, Moors & Cabot Inc. boosted its stake in shares of First Trust Cloud Computing ETF by 38.0% during the first quarter. Moors & Cabot Inc. now owns 6,868 shares of the company’s stock worth $622,000 after buying an additional 1,891 shares during the period.
First Trust Cloud Computing ETF Stock Performance
Shares of SKYY opened at $95.20 on Thursday. The company has a market capitalization of $3.17 billion, a price-to-earnings ratio of 20.90 and a beta of 1.06. First Trust Cloud Computing ETF has a fifty-two week low of $60.65 and a fifty-two week high of $97.78. The firm has a 50-day simple moving average of $94.10 and a 200-day simple moving average of $85.38.
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.
Further Reading
Want to see what other hedge funds are holding SKYY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Cloud Computing ETF (NASDAQ:SKYY – Free Report).
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Wanda Parisien is a computing expert who navigates the vast landscape of hardware and software. With a focus on computer technology, software development, and industry trends, Wanda delivers informative content, tutorials, and analyses to keep readers updated on the latest in the world of computing.
