Harbour Investments Inc. grew its stake in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY – Free Report) by 27.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,003 shares of the company’s stock after acquiring an additional 2,389 shares during the period. Harbour Investments Inc.’s holdings in First Trust Cloud Computing ETF were worth $1,125,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently modified their holdings of SKYY. EdgeRock Capital LLC bought a new stake in shares of First Trust Cloud Computing ETF during the second quarter valued at approximately $33,000. Blue Trust Inc. bought a new stake in shares of First Trust Cloud Computing ETF during the second quarter valued at approximately $48,000. Values First Advisors Inc. bought a new stake in shares of First Trust Cloud Computing ETF during the third quarter valued at approximately $49,000. Banque Cantonale Vaudoise bought a new stake in shares of First Trust Cloud Computing ETF during the second quarter valued at approximately $54,000. Finally, Anchor Investment Management LLC increased its holdings in First Trust Cloud Computing ETF by 53.4% during the second quarter. Anchor Investment Management LLC now owns 675 shares of the company’s stock valued at $64,000 after buying an additional 235 shares during the period.
First Trust Cloud Computing ETF Stock Down 1.5 %
Shares of SKYY stock opened at $118.19 on Friday. The firm has a market cap of $3.46 billion, a price-to-earnings ratio of 33.21 and a beta of 1.06. The company’s 50 day moving average is $104.47 and its 200 day moving average is $97.64. First Trust Cloud Computing ETF has a 52-week low of $78.14 and a 52-week high of $121.59.
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.
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