11,089 First Trust Cloud Computing ETF $SKYY Shares Bought by Simplicity Wealth LLC

Simplicity Wealth LLC boosted its holdings in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 170.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 17,581 shares of the company’s stock after purchasing an additional 11,089 shares during the quarter. Simplicity Wealth LLC owned about 0.08% of First Trust Cloud Computing ETF worth $2,883,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. Baird Financial Group Inc. grew its holdings in First Trust Cloud Computing ETF by 4,889.0% during the 2nd quarter. Baird Financial Group Inc. now owns 100,130 shares of the company’s stock valued at $13,473,000 after buying an additional 98,123 shares in the last quarter. Navellier & Associates Inc. bought a new stake in shares of First Trust Cloud Computing ETF during the second quarter valued at approximately $8,552,000. Kirkwood Financial Services bought a new stake in shares of First Trust Cloud Computing ETF during the second quarter valued at approximately $11,601,000. Independent Financial Group LLC bought a new stake in shares of First Trust Cloud Computing ETF during the first quarter valued at approximately $5,003,000. Finally, RPg Family Wealth Advisory LLC purchased a new position in shares of First Trust Cloud Computing ETF in the second quarter worth $5,687,000.

First Trust Cloud Computing ETF Stock Performance

SKYY stock opened at $167.36 on Monday. The company’s fifty day moving average price is $164.10 and its 200-day moving average price is $144.37. First Trust Cloud Computing ETF has a one year low of $103.76 and a one year high of $175.81. The company has a market capitalization of $3.51 billion, a PE ratio of 33.85 and a beta of 1.27.

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.