First Trust Cloud Computing ETF (NASDAQ:SKYY) Shares Acquired by Cetera Investment Advisers

Cetera Investment Advisers increased its stake in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 44.8% during the 4th quarter, Holdings Channel reports. The fund owned 122,596 shares of the company’s stock after purchasing an additional 37,909 shares during the quarter. Cetera Investment Advisers’ holdings in First Trust Cloud Computing ETF were worth $14,604,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Wilmington Savings Fund Society FSB acquired a new stake in shares of First Trust Cloud Computing ETF during the 3rd quarter worth approximately $65,000. JPMorgan Chase & Co. boosted its holdings in First Trust Cloud Computing ETF by 4.0% during the third quarter. JPMorgan Chase & Co. now owns 147,336 shares of the company’s stock worth $15,067,000 after buying an additional 5,620 shares in the last quarter. Eastern Bank acquired a new stake in First Trust Cloud Computing ETF during the fourth quarter valued at $114,000. SeaCrest Wealth Management LLC increased its holdings in First Trust Cloud Computing ETF by 2.2% in the fourth quarter. SeaCrest Wealth Management LLC now owns 10,374 shares of the company’s stock valued at $1,236,000 after buying an additional 219 shares in the last quarter. Finally, Park Avenue Securities LLC acquired a new position in shares of First Trust Cloud Computing ETF in the fourth quarter worth about $697,000.

First Trust Cloud Computing ETF Stock Down 0.3 %

SKYY stock opened at $108.85 on Friday. First Trust Cloud Computing ETF has a 52-week low of $83.45 and a 52-week high of $131.54. The company’s 50-day simple moving average is $102.85 and its 200-day simple moving average is $114.98. The firm has a market cap of $3.21 billion, a P/E ratio of 27.61 and a beta of 1.06.

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.