Core Wealth Partners LLC Buys 110 Shares of First Trust Cloud Computing ETF (NASDAQ:SKYY)

Core Wealth Partners LLC boosted its stake in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 4.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,547 shares of the company’s stock after purchasing an additional 110 shares during the quarter. Core Wealth Partners LLC’s holdings in First Trust Cloud Computing ETF were worth $303,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. LFA Lugano Financial Advisors SA purchased a new stake in shares of First Trust Cloud Computing ETF in the fourth quarter worth about $32,000. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of First Trust Cloud Computing ETF by 77.5% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 284 shares of the company’s stock worth $34,000 after acquiring an additional 124 shares in the last quarter. Morse Asset Management Inc bought a new position in shares of First Trust Cloud Computing ETF during the 3rd quarter valued at approximately $40,000. SRS Capital Advisors Inc. grew its holdings in shares of First Trust Cloud Computing ETF by 1,343.3% in the fourth quarter. SRS Capital Advisors Inc. now owns 433 shares of the company’s stock valued at $52,000 after purchasing an additional 403 shares in the last quarter. Finally, Hemington Wealth Management increased its position in First Trust Cloud Computing ETF by 29.6% in the fourth quarter. Hemington Wealth Management now owns 469 shares of the company’s stock worth $55,000 after purchasing an additional 107 shares during the last quarter.

First Trust Cloud Computing ETF Stock Up 0.4 %

SKYY stock opened at $111.82 on Wednesday. The company has a fifty day simple moving average of $120.23 and a two-hundred day simple moving average of $115.65. First Trust Cloud Computing ETF has a 52 week low of $83.45 and a 52 week high of $131.54. The firm has a market capitalization of $3.44 billion, a P/E ratio of 33.08 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.