Edmond DE Rothschild Holding S.A. Purchases 2,440 Shares of First Trust Cloud Computing ETF (NASDAQ:SKYY)

Edmond DE Rothschild Holding S.A. increased its position in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 953.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 2,696 shares of the company’s stock after purchasing an additional 2,440 shares during the period. Edmond DE Rothschild Holding S.A.’s holdings in First Trust Cloud Computing ETF were worth $321,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Exencial Wealth Advisors LLC grew its stake in shares of First Trust Cloud Computing ETF by 1.5% in the fourth quarter. Exencial Wealth Advisors LLC now owns 5,411 shares of the company’s stock worth $645,000 after acquiring an additional 82 shares during the period. Hemington Wealth Management grew its position in First Trust Cloud Computing ETF by 29.6% in the 4th quarter. Hemington Wealth Management now owns 469 shares of the company’s stock worth $55,000 after purchasing an additional 107 shares during the period. Core Wealth Partners LLC raised its stake in First Trust Cloud Computing ETF by 4.5% during the 4th quarter. Core Wealth Partners LLC now owns 2,547 shares of the company’s stock valued at $303,000 after buying an additional 110 shares during the last quarter. Captrust Financial Advisors lifted its holdings in shares of First Trust Cloud Computing ETF by 3.1% during the 3rd quarter. Captrust Financial Advisors now owns 3,869 shares of the company’s stock valued at $396,000 after buying an additional 116 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of First Trust Cloud Computing ETF by 77.5% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 284 shares of the company’s stock worth $34,000 after buying an additional 124 shares during the last quarter.

First Trust Cloud Computing ETF Price Performance

Shares of SKYY opened at $105.07 on Thursday. First Trust Cloud Computing ETF has a one year low of $83.45 and a one year high of $131.54. The business has a fifty day moving average of $118.05 and a 200 day moving average of $115.88. The firm has a market capitalization of $3.23 billion, a P/E ratio of 33.08 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.