Fmr LLC Buys 444 Shares of First Trust Cloud Computing ETF (NASDAQ:SKYY)

Fmr LLC increased its stake in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 3.2% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 14,471 shares of the company’s stock after purchasing an additional 444 shares during the quarter. Fmr LLC’s holdings in First Trust Cloud Computing ETF were worth $1,480,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. International Assets Investment Management LLC lifted its holdings in shares of First Trust Cloud Computing ETF by 11,038.7% in the 3rd quarter. International Assets Investment Management LLC now owns 412,243 shares of the company’s stock worth $42,156,000 after buying an additional 408,542 shares during the period. PNC Financial Services Group Inc. lifted its holdings in shares of First Trust Cloud Computing ETF by 86.2% in the 3rd quarter. PNC Financial Services Group Inc. now owns 177,430 shares of the company’s stock worth $18,144,000 after buying an additional 82,121 shares during the period. Raymond James & Associates lifted its holdings in shares of First Trust Cloud Computing ETF by 9.2% in the 3rd quarter. Raymond James & Associates now owns 162,068 shares of the company’s stock worth $16,573,000 after buying an additional 13,689 shares during the period. Main Management ETF Advisors LLC lifted its stake in shares of First Trust Cloud Computing ETF by 0.8% during the 2nd quarter. Main Management ETF Advisors LLC now owns 155,600 shares of the company’s stock worth $14,864,000 after purchasing an additional 1,200 shares during the last quarter. Finally, Private Advisor Group LLC lifted its stake in shares of First Trust Cloud Computing ETF by 20.6% during the 3rd quarter. Private Advisor Group LLC now owns 120,366 shares of the company’s stock worth $12,309,000 after purchasing an additional 20,559 shares during the last quarter.

First Trust Cloud Computing ETF Price Performance

Shares of NASDAQ SKYY opened at $125.45 on Monday. The business has a fifty day moving average price of $114.75 and a 200 day moving average price of $102.07. First Trust Cloud Computing ETF has a 1-year low of $83.06 and a 1-year high of $131.13. The stock has a market capitalization of $3.68 billion, a P/E ratio of 33.21 and a beta of 1.06.

First Trust Cloud Computing ETF Company 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.