PNC Financial Services Group Inc. Boosts Stake in First Trust Cloud Computing ETF (NASDAQ:SKYY)

PNC Financial Services Group Inc. raised its holdings in shares of First Trust Cloud Computing ETF (NASDAQ:SKYYFree Report) by 2.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 132,969 shares of the company’s stock after purchasing an additional 2,566 shares during the quarter. PNC Financial Services Group Inc.’s holdings in First Trust Cloud Computing ETF were worth $11,657,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in SKYY. Prestige Wealth Management Group LLC increased its stake in shares of First Trust Cloud Computing ETF by 0.3% in the fourth quarter. Prestige Wealth Management Group LLC now owns 38,748 shares of the company’s stock worth $3,397,000 after buying an additional 114 shares during the last quarter. Kingsview Wealth Management LLC increased its holdings in First Trust Cloud Computing ETF by 112.4% in the fourth quarter. Kingsview Wealth Management LLC now owns 33,005 shares of the company’s stock valued at $2,894,000 after buying an additional 17,464 shares during the last quarter. Wade G W & Inc. raised its stake in First Trust Cloud Computing ETF by 0.9% during the fourth quarter. Wade G W & Inc. now owns 32,119 shares of the company’s stock valued at $2,816,000 after buying an additional 278 shares in the last quarter. Core Wealth Partners LLC bought a new position in First Trust Cloud Computing ETF during the 4th quarter worth approximately $214,000. Finally, Sumitomo Mitsui Financial Group Inc. increased its holdings in shares of First Trust Cloud Computing ETF by 0.5% in the 4th quarter. Sumitomo Mitsui Financial Group Inc. now owns 31,390 shares of the company’s stock valued at $2,752,000 after acquiring an additional 154 shares during the last quarter.

First Trust Cloud Computing ETF Price Performance

Shares of SKYY opened at $96.30 on Thursday. The stock has a market capitalization of $3.11 billion, a PE ratio of 33.21 and a beta of 1.06. The business’s fifty day moving average price is $93.96 and its 200 day moving average price is $89.85. First Trust Cloud Computing ETF has a 12-month low of $67.38 and a 12-month high of $97.78.

First Trust Cloud Computing ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for First Trust Cloud Computing ETF (NASDAQ:SKYY)

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