Proquility Private Wealth Partners LLC Raises Stock Position in First Trust Cloud Computing ETF (NASDAQ:SKYY)

Proquility Private Wealth Partners LLC grew its holdings in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 0.6% during the 4th quarter, Holdings Channel reports. The institutional investor owned 35,334 shares of the company’s stock after acquiring an additional 223 shares during the quarter. First Trust Cloud Computing ETF makes up 1.4% of Proquility Private Wealth Partners LLC’s holdings, making the stock its 28th biggest holding. Proquility Private Wealth Partners LLC’s holdings in First Trust Cloud Computing ETF were worth $4,209,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. JPMorgan Chase & Co. raised its position in First Trust Cloud Computing ETF by 4.0% during the third quarter. JPMorgan Chase & Co. now owns 147,336 shares of the company’s stock valued at $15,067,000 after purchasing an additional 5,620 shares during the period. Wealthcare Advisory Partners LLC raised its holdings in First Trust Cloud Computing ETF by 29.1% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 3,984 shares of the company’s stock valued at $475,000 after buying an additional 899 shares during the period. US Bancorp DE lifted its position in First Trust Cloud Computing ETF by 8.2% in the third quarter. US Bancorp DE now owns 6,220 shares of the company’s stock worth $636,000 after buying an additional 472 shares during the last quarter. Creative Planning boosted its stake in shares of First Trust Cloud Computing ETF by 8.0% during the third quarter. Creative Planning now owns 11,929 shares of the company’s stock valued at $1,220,000 after purchasing an additional 885 shares during the period. Finally, Main Management ETF Advisors LLC grew its stake in First Trust Cloud Computing ETF by 0.8% in the 2nd quarter. Main Management ETF Advisors LLC now owns 155,600 shares of the company’s stock worth $14,864,000 after acquiring an additional 1,200 shares in the last quarter.

First Trust Cloud Computing ETF Trading Up 2.0 %

SKYY opened at $124.66 on Wednesday. First Trust Cloud Computing ETF has a 12-month low of $83.45 and a 12-month high of $131.13. The business’s fifty day simple moving average is $122.07 and its 200-day simple moving average is $107.42. The company has a market capitalization of $3.75 billion, a price-to-earnings ratio of 33.21 and a beta of 1.06.

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.