Creative Planning Buys 448 Shares of First Trust Cloud Computing ETF $SKYY

Creative Planning grew its stake in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 3.8% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 12,253 shares of the company’s stock after buying an additional 448 shares during the period. Creative Planning’s holdings in First Trust Cloud Computing ETF were worth $1,490,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in SKYY. JFS Wealth Advisors LLC raised its holdings in First Trust Cloud Computing ETF by 114.3% in the 2nd quarter. JFS Wealth Advisors LLC now owns 375 shares of the company’s stock valued at $46,000 after acquiring an additional 200 shares in the last quarter. Advisors Preferred LLC acquired a new position in shares of First Trust Cloud Computing ETF in the second quarter valued at $47,000. Banque Cantonale Vaudoise bought a new position in First Trust Cloud Computing ETF in the first quarter worth $67,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake in First Trust Cloud Computing ETF by 73.0% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 614 shares of the company’s stock worth $75,000 after buying an additional 259 shares in the last quarter. Finally, Huntington National Bank increased its holdings in First Trust Cloud Computing ETF by 190.9% in the 2nd quarter. Huntington National Bank now owns 800 shares of the company’s stock valued at $97,000 after buying an additional 525 shares during the period.

First Trust Cloud Computing ETF Stock Performance

NASDAQ:SKYY opened at $127.82 on Friday. The company has a 50-day moving average of $134.75 and a 200-day moving average of $126.06. First Trust Cloud Computing ETF has a 52 week low of $85.38 and a 52 week high of $143.74. The company has a market capitalization of $3.06 billion, a price-to-earnings ratio of 33.85 and a beta of 1.24.

About First Trust Cloud Computing ETF

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.