Florin Court Capital LLP Has $1.22 Million Position in First Trust Cloud Computing ETF $SKYY

Florin Court Capital LLP lifted its position in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 19.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,000 shares of the company’s stock after acquiring an additional 1,600 shares during the period. First Trust Cloud Computing ETF makes up about 1.2% of Florin Court Capital LLP’s portfolio, making the stock its 21st largest holding. Florin Court Capital LLP’s holdings in First Trust Cloud Computing ETF were worth $1,216,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the company. Peterson Wealth Management lifted its stake in First Trust Cloud Computing ETF by 0.7% during the first quarter. Peterson Wealth Management now owns 13,589 shares of the company’s stock worth $1,389,000 after purchasing an additional 96 shares during the last quarter. Blair William & Co. IL increased its stake in shares of First Trust Cloud Computing ETF by 4.7% in the 2nd quarter. Blair William & Co. IL now owns 2,145 shares of the company’s stock valued at $261,000 after purchasing an additional 97 shares during the last quarter. Banco Santander S.A. raised its holdings in shares of First Trust Cloud Computing ETF by 4.9% during the 1st quarter. Banco Santander S.A. now owns 2,580 shares of the company’s stock worth $264,000 after buying an additional 120 shares in the last quarter. Edmond DE Rothschild Holding S.A. raised its holdings in shares of First Trust Cloud Computing ETF by 4.6% during the 1st quarter. Edmond DE Rothschild Holding S.A. now owns 2,821 shares of the company’s stock worth $288,000 after buying an additional 125 shares in the last quarter. Finally, Trivium Point Advisory LLC lifted its position in shares of First Trust Cloud Computing ETF by 0.4% during the 2nd quarter. Trivium Point Advisory LLC now owns 33,206 shares of the company’s stock worth $4,039,000 after buying an additional 127 shares during the last quarter.

First Trust Cloud Computing ETF Stock Up 0.1%

NASDAQ:SKYY opened at $137.04 on Friday. First Trust Cloud Computing ETF has a twelve month low of $85.38 and a twelve month high of $143.74. The stock’s 50-day simple moving average is $135.28 and its 200 day simple moving average is $123.57. The firm has a market capitalization of $3.28 billion, a PE ratio of 33.85 and a beta of 1.24.

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.