Personal CFO Solutions LLC Grows Stock Position in First Trust Cloud Computing ETF $SKYY

Personal CFO Solutions LLC boosted its holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 2.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 18,134 shares of the company’s stock after buying an additional 478 shares during the period. Personal CFO Solutions LLC owned 0.06% of First Trust Cloud Computing ETF worth $2,206,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SKYY. LPL Financial LLC lifted its holdings in shares of First Trust Cloud Computing ETF by 9.7% during the 1st quarter. LPL Financial LLC now owns 912,898 shares of the company’s stock worth $93,326,000 after acquiring an additional 80,874 shares during the period. Raymond James Financial Inc. increased its position in First Trust Cloud Computing ETF by 104.1% during the first quarter. Raymond James Financial Inc. now owns 550,382 shares of the company’s stock worth $56,266,000 after purchasing an additional 280,749 shares during the last quarter. Envestnet Asset Management Inc. increased its position in First Trust Cloud Computing ETF by 7.5% during the second quarter. Envestnet Asset Management Inc. now owns 96,164 shares of the company’s stock worth $11,697,000 after purchasing an additional 6,725 shares during the last quarter. Cetera Investment Advisers raised its stake in First Trust Cloud Computing ETF by 6.0% during the second quarter. Cetera Investment Advisers now owns 94,458 shares of the company’s stock worth $11,490,000 after purchasing an additional 5,329 shares during the period. Finally, Rockefeller Capital Management L.P. boosted its holdings in shares of First Trust Cloud Computing ETF by 1.2% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 62,874 shares of the company’s stock valued at $7,648,000 after purchasing an additional 769 shares during the last quarter.

First Trust Cloud Computing ETF Stock Down 2.6%

Shares of NASDAQ SKYY opened at $123.65 on Friday. The stock has a market capitalization of $2.96 billion, a PE ratio of 33.85 and a beta of 1.24. The firm has a fifty day moving average of $135.54 and a 200-day moving average of $125.39. First Trust Cloud Computing ETF has a 52-week low of $85.38 and a 52-week high of $143.74.

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.