First Trust Cloud Computing ETF (NASDAQ:SKYY) Shares Bought by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC boosted its stake in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 1.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 101,361 shares of the company’s stock after acquiring an additional 1,353 shares during the quarter. Commonwealth Equity Services LLC’s holdings in First Trust Cloud Computing ETF were worth $12,074,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in SKYY. PNC Financial Services Group Inc. lifted its position in First Trust Cloud Computing ETF by 86.2% during the 3rd quarter. PNC Financial Services Group Inc. now owns 177,430 shares of the company’s stock worth $18,144,000 after acquiring an additional 82,121 shares during the period. Flagstar Advisors Inc. lifted its position in First Trust Cloud Computing ETF by 15.6% during the 3rd quarter. Flagstar Advisors Inc. now owns 4,060 shares of the company’s stock worth $415,000 after acquiring an additional 548 shares during the period. Kingsview Wealth Management LLC lifted its position in First Trust Cloud Computing ETF by 0.7% during the 3rd quarter. Kingsview Wealth Management LLC now owns 21,799 shares of the company’s stock worth $2,229,000 after acquiring an additional 152 shares during the period. FMR LLC lifted its position in First Trust Cloud Computing ETF by 3.2% during the 3rd quarter. FMR LLC now owns 14,471 shares of the company’s stock worth $1,480,000 after acquiring an additional 444 shares during the period. Finally, CreativeOne Wealth LLC acquired a new stake in First Trust Cloud Computing ETF during the 3rd quarter worth approximately $1,252,000.

First Trust Cloud Computing ETF Trading Down 1.6 %

First Trust Cloud Computing ETF stock opened at $106.97 on Wednesday. First Trust Cloud Computing ETF has a twelve month low of $83.45 and a twelve month high of $131.54. The stock has a 50 day moving average of $121.17 and a two-hundred day moving average of $115.15. The stock has a market capitalization of $3.27 billion, a price-to-earnings ratio of 33.08 and a beta of 1.14.

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.