First Trust Cloud Computing ETF $SKYY Shares Purchased by SPC Financial Inc.

SPC Financial Inc. boosted its stake in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 8.5% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 46,733 shares of the company’s stock after acquiring an additional 3,662 shares during the quarter. SPC Financial Inc.’s holdings in First Trust Cloud Computing ETF were worth $5,685,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in SKYY. Farther Finance Advisors LLC grew its stake 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 acquiring an additional 240 shares during the period. Sound Income Strategies LLC grew its stake 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 acquiring an additional 401 shares during the period. Good Life Advisors LLC grew its stake 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 acquiring an additional 21,168 shares during the period. Janney Montgomery Scott LLC grew its stake 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 acquiring an additional 7,614 shares during the period. Finally, Sowell Financial Services LLC acquired a new stake in First Trust Cloud Computing ETF in the 1st quarter valued at $368,000.

First Trust Cloud Computing ETF Stock Performance

First Trust Cloud Computing ETF stock opened at $132.78 on Friday. First Trust Cloud Computing ETF has a 1 year low of $85.38 and a 1 year high of $138.82. The company’s fifty day moving average price is $129.02 and its 200 day moving average price is $117.98. The stock has a market capitalization of $3.20 billion, a P/E ratio of 33.85 and a beta of 1.06.

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.