Renaissance Technologies LLC Makes New $325,000 Investment in First Trust Cloud Computing ETF (NASDAQ:SKYY)

Renaissance Technologies LLC purchased a new position in First Trust Cloud Computing ETF (NASDAQ:SKYY) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 3,400 shares of the company’s stock, valued at approximately $325,000.

Several other large investors also recently modified their holdings of the business. Raymond James & Associates increased its holdings in shares of First Trust Cloud Computing ETF by 0.4% in the second quarter. Raymond James & Associates now owns 148,379 shares of the company’s stock worth $14,175,000 after acquiring an additional 581 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of First Trust Cloud Computing ETF by 2.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 132,969 shares of the company’s stock worth $11,657,000 after acquiring an additional 2,566 shares in the last quarter. Private Advisor Group LLC increased its holdings in shares of First Trust Cloud Computing ETF by 18.1% in the first quarter. Private Advisor Group LLC now owns 130,739 shares of the company’s stock worth $12,499,000 after acquiring an additional 20,028 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of First Trust Cloud Computing ETF by 3.6% in the first quarter. Commonwealth Equity Services LLC now owns 114,115 shares of the company’s stock worth $10,909,000 after acquiring an additional 3,959 shares in the last quarter. Finally, Cetera Investment Advisers increased its holdings in shares of First Trust Cloud Computing ETF by 1,277.0% in the first quarter. Cetera Investment Advisers now owns 74,135 shares of the company’s stock worth $7,087,000 after acquiring an additional 68,751 shares in the last quarter.

First Trust Cloud Computing ETF Stock Performance

NASDAQ:SKYY opened at $106.35 on Friday. The company has a market cap of $3.08 billion, a PE ratio of 33.21 and a beta of 1.06. First Trust Cloud Computing ETF has a 52-week low of $70.42 and a 52-week high of $106.75. The stock has a 50-day simple moving average of $97.45 and a 200 day simple moving average of $95.03.

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.