Acorn Creek Capital LLC Has $1.05 Million Stock Holdings in First Trust Cloud Computing ETF $SKYY

Acorn Creek Capital LLC lessened its position in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 1.0% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 8,611 shares of the company’s stock after selling 87 shares during the period. First Trust Cloud Computing ETF comprises approximately 0.4% of Acorn Creek Capital LLC’s holdings, making the stock its 20th biggest holding. Acorn Creek Capital LLC’s holdings in First Trust Cloud Computing ETF were worth $1,047,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. SPC Financial Inc. lifted its position in First Trust Cloud Computing ETF by 8.5% during the 2nd quarter. SPC Financial Inc. now owns 46,733 shares of the company’s stock worth $5,685,000 after buying an additional 3,662 shares in the last quarter. CWM LLC lifted its position in First Trust Cloud Computing ETF by 6.6% during the 2nd quarter. CWM LLC now owns 16,282 shares of the company’s stock worth $1,981,000 after buying an additional 1,007 shares in the last quarter. Concurrent Investment Advisors LLC acquired a new position in First Trust Cloud Computing ETF during the 2nd quarter worth about $258,000. Apollon Financial LLC lifted its position in First Trust Cloud Computing ETF by 7.9% during the 2nd quarter. Apollon Financial LLC now owns 10,864 shares of the company’s stock worth $1,321,000 after buying an additional 793 shares in the last quarter. Finally, JFS Wealth Advisors LLC lifted its position in First Trust Cloud Computing ETF by 114.3% during the 2nd quarter. JFS Wealth Advisors LLC now owns 375 shares of the company’s stock worth $46,000 after buying an additional 200 shares in the last quarter.

First Trust Cloud Computing ETF Stock Down 3.4%

Shares of NASDAQ SKYY opened at $132.78 on Friday. The firm’s 50-day simple moving average is $129.02 and its 200 day simple moving average is $117.98. The company has a market cap of $3.20 billion, a price-to-earnings ratio of 33.85 and a beta of 1.06. First Trust Cloud Computing ETF has a 12-month low of $85.38 and a 12-month high of $138.82.

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.