Sanctuary Advisors LLC Has $1.27 Million Position in First Trust Cloud Computing ETF (NASDAQ:SKYY)

Sanctuary Advisors LLC grew its holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 18.0% during the third quarter, Holdings Channel reports. The firm owned 12,423 shares of the company’s stock after acquiring an additional 1,899 shares during the quarter. Sanctuary Advisors LLC’s holdings in First Trust Cloud Computing ETF were worth $1,270,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Morse Asset Management Inc acquired a new position in First Trust Cloud Computing ETF in the third quarter valued at approximately $40,000. Blue Trust Inc. bought a new position in First Trust Cloud Computing ETF during the second quarter worth $48,000. Values First Advisors Inc. acquired a new stake in First Trust Cloud Computing ETF in the third quarter worth $49,000. Banque Cantonale Vaudoise bought a new stake in First Trust Cloud Computing ETF in the second quarter valued at $54,000. Finally, Anchor Investment Management LLC raised its holdings in shares of First Trust Cloud Computing ETF by 53.4% during the second quarter. Anchor Investment Management LLC now owns 675 shares of the company’s stock valued at $64,000 after purchasing an additional 235 shares during the period.

First Trust Cloud Computing ETF Price Performance

Shares of SKYY opened at $123.22 on Friday. First Trust Cloud Computing ETF has a one year low of $83.06 and a one year high of $131.13. The company has a market cap of $3.61 billion, a PE ratio of 33.21 and a beta of 1.06. The stock has a 50-day moving average of $116.69 and a 200-day moving average of $103.12.

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.