Golden State Wealth Management LLC bought a new position in First Trust Cloud Computing ETF (NASDAQ:SKYY – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 16,529 shares of the company’s stock, valued at approximately $1,969,000.
Other institutional investors and hedge funds also recently bought and sold shares of the company. International Assets Investment Management LLC increased its stake in First Trust Cloud Computing ETF by 11,038.7% in the 3rd quarter. International Assets Investment Management LLC now owns 412,243 shares of the company’s stock worth $42,156,000 after buying an additional 408,542 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in First Trust Cloud Computing ETF by 86.2% during the third quarter. PNC Financial Services Group Inc. now owns 177,430 shares of the company’s stock valued at $18,144,000 after purchasing an additional 82,121 shares during the last quarter. Benjamin Edwards Inc. purchased a new position in First Trust Cloud Computing ETF in the third quarter worth about $5,373,000. Plotkin Financial Advisors LLC purchased a new position in shares of First Trust Cloud Computing ETF in the 3rd quarter worth approximately $3,062,000. Finally, Private Advisor Group LLC lifted its position in First Trust Cloud Computing ETF by 20.6% in the third quarter. Private Advisor Group LLC now owns 120,366 shares of the company’s stock worth $12,309,000 after buying an additional 20,559 shares during the last quarter.
First Trust Cloud Computing ETF Stock Performance
Shares of NASDAQ SKYY opened at $129.20 on Friday. The business’s 50 day moving average price is $123.89 and its 200-day moving average price is $109.98. First Trust Cloud Computing ETF has a fifty-two week low of $83.45 and a fifty-two week high of $131.13. The company has a market cap of $3.97 billion, a price-to-earnings ratio of 33.21 and a beta of 1.06.
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.
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