Rockefeller Capital Management L.P. Has $7.65 Million Stock Position in First Trust Cloud Computing ETF $SKYY

Rockefeller Capital Management L.P. lifted its position in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 1.2% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 62,874 shares of the company’s stock after acquiring an additional 769 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in First Trust Cloud Computing ETF were worth $7,648,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the company. JFS Wealth Advisors LLC increased its position in First Trust Cloud Computing ETF by 114.3% in the second quarter. JFS Wealth Advisors LLC now owns 375 shares of the company’s stock worth $46,000 after purchasing an additional 200 shares during the period. Advisors Preferred LLC bought a new position in shares of First Trust Cloud Computing ETF in the 2nd quarter valued at about $47,000. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of First Trust Cloud Computing ETF by 73.0% during the 2nd 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 during the period. Banque Cantonale Vaudoise bought a new stake in shares of First Trust Cloud Computing ETF during the first quarter worth approximately $67,000. Finally, Huntington National Bank lifted its holdings in First Trust Cloud Computing ETF by 190.9% in the second 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

Shares of SKYY stock opened at $123.65 on Friday. The firm’s 50 day moving average price is $135.54 and its two-hundred day moving average price is $125.39. First Trust Cloud Computing ETF has a 52-week low of $85.38 and a 52-week high of $143.74. The stock has a market cap of $2.96 billion, a PE 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.