Creative Financial Designs Inc. ADV Raises Stock Position in First Trust Cloud Computing ETF (NASDAQ:SKYY)

Creative Financial Designs Inc. ADV boosted its position in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 1,563.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,163 shares of the company’s stock after acquiring an additional 2,033 shares during the period. Creative Financial Designs Inc. ADV’s holdings in First Trust Cloud Computing ETF were worth $258,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Wealthcare Advisory Partners LLC grew its stake in First Trust Cloud Computing ETF by 29.1% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 3,984 shares of the company’s stock valued at $475,000 after acquiring an additional 899 shares in the last quarter. JPMorgan Chase & Co. grew its stake 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 acquiring an additional 5,620 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in First Trust Cloud Computing ETF by 77.5% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 284 shares of the company’s stock valued at $34,000 after acquiring an additional 124 shares in the last quarter. Steward Partners Investment Advisory LLC grew its stake in First Trust Cloud Computing ETF by 12.3% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 7,820 shares of the company’s stock valued at $932,000 after acquiring an additional 857 shares in the last quarter. Finally, Truist Financial Corp grew its stake in First Trust Cloud Computing ETF by 1.8% during the fourth quarter. Truist Financial Corp now owns 19,351 shares of the company’s stock valued at $2,305,000 after acquiring an additional 335 shares in the last quarter.

First Trust Cloud Computing ETF Trading Up 1.9 %

Shares of NASDAQ:SKYY opened at $108.97 on Thursday. The company has a 50 day moving average of $120.93 and a 200 day moving average of $115.11. The stock has a market cap of $3.35 billion, a P/E ratio of 33.08 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 $131.54.

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.