Private Advisor Group LLC Acquires 20,559 Shares of First Trust Cloud Computing ETF (NASDAQ:SKYY)

Private Advisor Group LLC grew its holdings in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 20.6% during the third quarter, Holdings Channel reports. The firm owned 120,366 shares of the company’s stock after purchasing an additional 20,559 shares during the period. Private Advisor Group LLC’s holdings in First Trust Cloud Computing ETF were worth $12,309,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. EdgeRock Capital LLC acquired a new position in First Trust Cloud Computing ETF during the second quarter worth $33,000. VitalStone Financial LLC boosted its stake in shares of First Trust Cloud Computing ETF by 44.4% during the 1st quarter. VitalStone Financial LLC now owns 465 shares of the company’s stock worth $44,000 after acquiring an additional 143 shares in the last quarter. Future Financial Wealth Managment LLC bought a new stake in shares of First Trust Cloud Computing ETF during the 1st quarter worth about $48,000. Blue Trust Inc. acquired a new position in shares of First Trust Cloud Computing ETF during the 2nd quarter valued at about $48,000. Finally, Banque Cantonale Vaudoise bought a new position in shares of First Trust Cloud Computing ETF in the 2nd quarter valued at approximately $54,000.

First Trust Cloud Computing ETF Stock Up 0.7 %

Shares of First Trust Cloud Computing ETF stock opened at $104.98 on Friday. First Trust Cloud Computing ETF has a 12-month low of $70.42 and a 12-month high of $107.74. The stock has a 50 day moving average price of $100.41 and a two-hundred day moving average price of $95.77. The stock has a market capitalization of $3.07 billion, a P/E ratio of 33.21 and a beta of 1.06.

About First Trust Cloud Computing ETF

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.