LPL Financial LLC raised its position in First Trust Cloud Computing ETF (NASDAQ:SKYY – Free Report) by 1.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 832,024 shares of the company’s stock after acquiring an additional 12,281 shares during the quarter. LPL Financial LLC owned approximately 2.71% of First Trust Cloud Computing ETF worth $99,111,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently bought and sold shares of SKYY. Raymond James Financial Inc. acquired a new position in shares of First Trust Cloud Computing ETF in the fourth quarter valued at approximately $32,119,000. Benjamin Edwards Inc. purchased a new position in First Trust Cloud Computing ETF in the 3rd quarter valued at approximately $5,373,000. SPC Financial Inc. acquired a new position in shares of First Trust Cloud Computing ETF in the fourth quarter worth $4,920,000. Private Advisor Group LLC increased its position in shares of First Trust Cloud Computing ETF by 34.2% during the fourth quarter. Private Advisor Group LLC now owns 161,588 shares of the company’s stock worth $19,248,000 after acquiring an additional 41,222 shares during the period. Finally, Plotkin Financial Advisors LLC acquired a new stake in shares of First Trust Cloud Computing ETF in the third quarter valued at $3,062,000.
First Trust Cloud Computing ETF Price Performance
SKYY opened at $111.82 on Wednesday. The stock has a market capitalization of $3.44 billion, a price-to-earnings ratio of 33.08 and a beta of 1.06. The business has a fifty day moving average price of $120.23 and a 200 day moving average price of $115.65. First Trust Cloud Computing ETF has a 12 month low of $83.45 and a 12 month high of $131.54.
First Trust Cloud Computing ETF 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.
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