Florin Court Capital LLP Has $6.67 Million Holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY)

Florin Court Capital LLP grew its stake in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 8.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 76,100 shares of the company’s stock after purchasing an additional 6,100 shares during the period. First Trust Cloud Computing ETF comprises approximately 7.1% of Florin Court Capital LLP’s investment portfolio, making the stock its 5th largest position. Florin Court Capital LLP owned 0.23% of First Trust Cloud Computing ETF worth $6,672,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in SKYY. Atria Wealth Solutions Inc. grew its position in First Trust Cloud Computing ETF by 2.1% during the 4th quarter. Atria Wealth Solutions Inc. now owns 23,727 shares of the company’s stock worth $2,080,000 after acquiring an additional 497 shares during the last quarter. BKA Wealth Consulting Inc. increased its stake in shares of First Trust Cloud Computing ETF by 5.5% in the fourth quarter. BKA Wealth Consulting Inc. now owns 3,851 shares of the company’s stock valued at $338,000 after buying an additional 200 shares during the period. GAMMA Investing LLC bought a new position in First Trust Cloud Computing ETF in the 4th quarter valued at approximately $45,000. Riggs Asset Managment Co. Inc. bought a new position in First Trust Cloud Computing ETF in the 4th quarter valued at approximately $219,000. Finally, Migdal Insurance & Financial Holdings Ltd. boosted its position in First Trust Cloud Computing ETF by 50.1% during the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 22,875 shares of the company’s stock worth $2,008,000 after buying an additional 7,640 shares during the period.

First Trust Cloud Computing ETF Stock Up 1.5 %

NASDAQ SKYY traded up $1.40 on Friday, hitting $93.02. The company’s stock had a trading volume of 42,890 shares, compared to its average volume of 188,547. The company’s 50-day moving average is $94.03 and its 200 day moving average is $87.22. The firm has a market cap of $3.01 billion, a PE ratio of 35.15 and a beta of 1.06. First Trust Cloud Computing ETF has a 1-year low of $60.65 and a 1-year high of $97.78.

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.