JFS Wealth Advisors LLC Increases Holdings in First Trust Cloud Computing ETF $SKYY

JFS Wealth Advisors LLC raised its position in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 114.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 375 shares of the company’s stock after buying an additional 200 shares during the period. JFS Wealth Advisors LLC’s holdings in First Trust Cloud Computing ETF were worth $46,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SKYY. Farther Finance Advisors LLC boosted its position in First Trust Cloud Computing ETF by 615.4% in the 1st quarter. Farther Finance Advisors LLC now owns 279 shares of the company’s stock valued at $29,000 after buying an additional 240 shares during the last quarter. Sound Income Strategies LLC boosted its position in First Trust Cloud Computing ETF by 1,215.2% in the 1st quarter. Sound Income Strategies LLC now owns 434 shares of the company’s stock valued at $44,000 after buying an additional 401 shares during the last quarter. Good Life Advisors LLC boosted its position in First Trust Cloud Computing ETF by 879.8% in the 1st quarter. Good Life Advisors LLC now owns 23,574 shares of the company’s stock valued at $2,410,000 after buying an additional 21,168 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in First Trust Cloud Computing ETF by 15.7% in the 1st quarter. Janney Montgomery Scott LLC now owns 56,108 shares of the company’s stock valued at $5,736,000 after buying an additional 7,614 shares during the last quarter. Finally, Sowell Financial Services LLC purchased a new position in First Trust Cloud Computing ETF in the 1st quarter valued at about $368,000.

First Trust Cloud Computing ETF Price Performance

NASDAQ:SKYY opened at $132.78 on Friday. The firm has a 50-day moving average of $129.02 and a two-hundred day moving average of $117.98. The stock has a market cap of $3.20 billion, a P/E ratio of 33.85 and a beta of 1.06. First Trust Cloud Computing ETF has a 1-year low of $85.38 and a 1-year high of $138.82.

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.