Prosperity Financial Group Inc. Has $2.14 Million Stock Position in First Trust Cloud Computing ETF (NASDAQ:SKYY)

Prosperity Financial Group Inc. lessened its holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 6.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20,907 shares of the company’s stock after selling 1,556 shares during the period. First Trust Cloud Computing ETF accounts for about 1.2% of Prosperity Financial Group Inc.’s investment portfolio, making the stock its 24th biggest holding. Prosperity Financial Group Inc.’s holdings in First Trust Cloud Computing ETF were worth $2,138,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of SKYY. EdgeRock Capital LLC acquired a new position in First Trust Cloud Computing ETF during the second quarter valued at approximately $33,000. Values First Advisors Inc. acquired a new position in First Trust Cloud Computing ETF in the 3rd quarter valued at $49,000. Blue Trust Inc. bought a new position in First Trust Cloud Computing ETF in the 2nd quarter worth $48,000. Banque Cantonale Vaudoise acquired a new position in First Trust Cloud Computing ETF during the 2nd quarter worth $54,000. Finally, Anchor Investment Management LLC boosted its holdings in 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 acquiring an additional 235 shares during the period.

First Trust Cloud Computing ETF Stock Performance

Shares of NASDAQ:SKYY opened at $122.95 on Monday. First Trust Cloud Computing ETF has a 52-week low of $79.76 and a 52-week high of $123.15. The company has a market cap of $3.60 billion, a P/E ratio of 33.21 and a beta of 1.06. The stock’s 50-day moving average is $107.62 and its 200-day moving average is $98.97.

First Trust Cloud Computing ETF Company 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.