First Trust Cloud Computing ETF (NASDAQ:SKYY) Shares Purchased by Assetmark Inc.

Assetmark Inc. raised its stake in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 88.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 20,949 shares of the company’s stock after buying an additional 9,854 shares during the quarter. Assetmark Inc. owned about 0.07% of First Trust Cloud Computing ETF worth $2,142,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the stock. Avantax Advisory Services Inc. raised its holdings in shares of First Trust Cloud Computing ETF by 13.0% in the 1st quarter. Avantax Advisory Services Inc. now owns 33,587 shares of the company’s stock valued at $3,211,000 after buying an additional 3,864 shares during the period. HBK Sorce Advisory LLC lifted its position in shares of First Trust Cloud Computing ETF by 3.4% during the first quarter. HBK Sorce Advisory LLC now owns 4,357 shares of the company’s stock worth $417,000 after purchasing an additional 142 shares in the last quarter. EP Wealth Advisors LLC boosted its stake in shares of First Trust Cloud Computing ETF by 5.1% in the first quarter. EP Wealth Advisors LLC now owns 2,452 shares of the company’s stock valued at $234,000 after purchasing an additional 118 shares during the period. PEAK6 Investments LLC grew its holdings in shares of First Trust Cloud Computing ETF by 71.5% in the first quarter. PEAK6 Investments LLC now owns 6,534 shares of the company’s stock valued at $625,000 after purchasing an additional 2,724 shares in the last quarter. Finally, Cetera Investment Advisers grew 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 valued at $7,087,000 after purchasing an additional 68,751 shares in the last quarter.

First Trust Cloud Computing ETF Stock Up 0.5 %

First Trust Cloud Computing ETF stock opened at $119.94 on Thursday. First Trust Cloud Computing ETF has a 52-week low of $78.14 and a 52-week high of $121.59. The firm has a market cap of $3.51 billion, a PE ratio of 33.21 and a beta of 1.06. The company’s 50 day moving average is $103.98 and its two-hundred day moving average is $97.48.

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.