Cwm LLC Purchases 1,007 Shares of First Trust Cloud Computing ETF $SKYY

Cwm LLC raised its position in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 6.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,282 shares of the company’s stock after purchasing an additional 1,007 shares during the period. Cwm LLC’s holdings in First Trust Cloud Computing ETF were worth $1,981,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of First Trust Cloud Computing ETF by 69.4% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 481 shares of the company’s stock valued at $50,000 after purchasing an additional 197 shares during the last quarter. Robertson Stephens Wealth Management LLC boosted its stake in First Trust Cloud Computing ETF by 11.6% in the second quarter. Robertson Stephens Wealth Management LLC now owns 2,359 shares of the company’s stock valued at $287,000 after buying an additional 246 shares in the last quarter. Farther Finance Advisors LLC grew its position in First Trust Cloud Computing ETF by 615.4% in the first quarter. Farther Finance Advisors LLC now owns 279 shares of the company’s stock valued at $29,000 after acquiring an additional 240 shares during the last quarter. Janney Montgomery Scott LLC raised its stake in First Trust Cloud Computing ETF by 15.7% during the first quarter. Janney Montgomery Scott LLC now owns 56,108 shares of the company’s stock worth $5,736,000 after acquiring an additional 7,614 shares in the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC raised its stake in First Trust Cloud Computing ETF by 7.6% during the first quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,292 shares of the company’s stock worth $337,000 after acquiring an additional 233 shares in the last quarter.

First Trust Cloud Computing ETF Trading Down 0.4%

SKYY opened at $133.18 on Monday. The company has a market cap of $3.22 billion, a P/E ratio of 33.85 and a beta of 1.06. The company’s 50 day moving average is $130.25 and its 200-day moving average is $119.17. First Trust Cloud Computing ETF has a 1-year low of $85.38 and a 1-year high of $138.82.

First Trust Cloud Computing ETF 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.