SeaCrest Wealth Management LLC Increases Stock Holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY)

SeaCrest Wealth Management LLC raised its stake in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 2.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 10,374 shares of the company’s stock after purchasing an additional 219 shares during the quarter. SeaCrest Wealth Management LLC’s holdings in First Trust Cloud Computing ETF were worth $1,236,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Morse Asset Management Inc purchased a new position in shares of First Trust Cloud Computing ETF in the 3rd quarter valued at approximately $40,000. Values First Advisors Inc. purchased a new position in shares of First Trust Cloud Computing ETF in the 3rd quarter valued at approximately $49,000. Anchor Investment Management LLC grew its stake in shares of First Trust Cloud Computing ETF by 53.4% in the 2nd quarter. Anchor Investment Management LLC now owns 675 shares of the company’s stock valued at $64,000 after purchasing an additional 235 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new position in shares of First Trust Cloud Computing ETF in the 3rd quarter valued at approximately $65,000. Finally, GAMMA Investing LLC lifted its holdings in shares of First Trust Cloud Computing ETF by 37.2% in the 3rd quarter. GAMMA Investing LLC now owns 738 shares of the company’s stock valued at $75,000 after buying an additional 200 shares during the period.

First Trust Cloud Computing ETF Price Performance

SKYY opened at $121.06 on Thursday. The business has a 50 day simple moving average of $121.83 and a 200-day simple moving average of $106.81. 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 has a 12 month low of $83.45 and a 12 month high of $131.13.

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.