Perennial Investment Advisors LLC acquired a new position in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY – Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 2,455 shares of the company’s stock, valued at approximately $235,000.
Several other hedge funds also recently made changes to their positions in SKYY. Cetera Investment Advisers lifted its holdings in shares of First Trust Cloud Computing ETF by 1,277.0% in the 1st quarter. Cetera Investment Advisers now owns 74,135 shares of the company’s stock valued at $7,087,000 after buying an additional 68,751 shares during the period. Seaview Investment Managers LLC acquired a new stake in First Trust Cloud Computing ETF in the second quarter valued at $2,532,000. Private Advisor Group LLC lifted its holdings in First Trust Cloud Computing ETF by 18.1% in the first quarter. Private Advisor Group LLC now owns 130,739 shares of the company’s stock valued at $12,499,000 after acquiring an additional 20,028 shares during the period. EverSource Wealth Advisors LLC purchased a new stake in shares of First Trust Cloud Computing ETF during the 4th quarter worth $1,718,000. Finally, Hsbc Holdings PLC acquired a new position in shares of First Trust Cloud Computing ETF during the 4th quarter worth $1,561,000.
First Trust Cloud Computing ETF Stock Down 0.0 %
Shares of SKYY opened at $99.33 on Wednesday. The company has a market capitalization of $3.05 billion, a PE ratio of 33.21 and a beta of 1.06. First Trust Cloud Computing ETF has a 52-week low of $70.42 and a 52-week high of $100.24. The company has a 50-day simple moving average of $94.88 and a 200-day simple moving average of $94.23.
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.
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