Kestra Private Wealth Services LLC increased its holdings in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY – Free Report) by 7.2% in the 4th quarter, HoldingsChannel reports. The firm owned 11,560 shares of the company’s stock after acquiring an additional 775 shares during the period. Kestra Private Wealth Services LLC’s holdings in First Trust Cloud Computing ETF were worth $1,013,000 at the end of the most recent quarter.
Other hedge funds have also added to or reduced their stakes in the company. Silver Oak Securities Incorporated bought a new position in shares of First Trust Cloud Computing ETF during the 4th quarter worth about $276,000. Transcend Capital Advisors LLC bought a new position in shares of First Trust Cloud Computing ETF in the 4th quarter worth $218,000. Gilliland Jeter Wealth Management LLC acquired a new stake in First Trust Cloud Computing ETF in the 4th quarter valued at $870,000. Florin Court Capital LLP increased its stake in First Trust Cloud Computing ETF by 8.7% during the 4th quarter. Florin Court Capital LLP now owns 76,100 shares of the company’s stock valued at $6,672,000 after purchasing an additional 6,100 shares in the last quarter. Finally, Atria Wealth Solutions Inc. lifted its stake in shares of First Trust Cloud Computing ETF by 2.1% in the fourth quarter. Atria Wealth Solutions Inc. now owns 23,727 shares of the company’s stock valued at $2,080,000 after buying an additional 497 shares in the last quarter.
First Trust Cloud Computing ETF Price Performance
SKYY opened at $91.75 on Friday. The company’s 50-day moving average is $94.02 and its 200 day moving average is $87.91. First Trust Cloud Computing ETF has a fifty-two week low of $61.09 and a fifty-two week high of $97.78. The firm has a market capitalization of $2.96 billion, a PE ratio of 35.15 and a beta of 1.06.
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).
Receive News & Ratings for First Trust Cloud Computing ETF Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for First Trust Cloud Computing ETF and related companies with MarketBeat.com’s FREE daily email newsletter.
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.
