Atria Investments Inc Increases Stake in First Trust Cloud Computing ETF (NASDAQ:SKYY)

Atria Investments Inc raised its stake in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 4.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 13,638 shares of the company’s stock after acquiring an additional 528 shares during the quarter. Atria Investments Inc’s holdings in First Trust Cloud Computing ETF were worth $1,395,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. International Assets Investment Management LLC boosted its position in First Trust Cloud Computing ETF by 11,038.7% during the third quarter. International Assets Investment Management LLC now owns 412,243 shares of the company’s stock worth $42,156,000 after purchasing an additional 408,542 shares in the last quarter. Raymond James & Associates lifted its position in shares of First Trust Cloud Computing ETF by 9.2% during the 3rd quarter. Raymond James & Associates now owns 162,068 shares of the company’s stock valued at $16,573,000 after buying an additional 13,689 shares in the last quarter. Main Management ETF Advisors LLC grew its stake in First Trust Cloud Computing ETF by 0.8% in the 2nd quarter. Main Management ETF Advisors LLC now owns 155,600 shares of the company’s stock valued at $14,864,000 after acquiring an additional 1,200 shares during the period. Private Advisor Group LLC increased its holdings in First Trust Cloud Computing ETF by 20.6% in the 3rd quarter. Private Advisor Group LLC now owns 120,366 shares of the company’s stock worth $12,309,000 after acquiring an additional 20,559 shares in the last quarter. Finally, Cetera Investment Advisers raised its position in First Trust Cloud Computing ETF by 1,277.0% during the first quarter. Cetera Investment Advisers now owns 74,135 shares of the company’s stock worth $7,087,000 after acquiring an additional 68,751 shares during the period.

First Trust Cloud Computing ETF Stock Down 2.2 %

SKYY stock opened at $115.58 on Friday. The stock has a market capitalization of $3.39 billion, a P/E ratio of 33.21 and a beta of 1.06. The firm has a 50-day simple moving average of $105.37 and a 200-day simple moving average of $97.94. First Trust Cloud Computing ETF has a 52 week low of $78.14 and a 52 week high of $121.59.

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.