First Trust Cloud Computing ETF $SKYY Shares Bought by Y.D. More Investments Ltd

Y.D. More Investments Ltd raised its position in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 3,079.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,630 shares of the company’s stock after buying an additional 7,390 shares during the quarter. Y.D. More Investments Ltd’s holdings in First Trust Cloud Computing ETF were worth $1,026,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Lowe Brockenbrough & Co. Inc. acquired a new stake in First Trust Cloud Computing ETF during the 3rd quarter worth $41,000. Advisors Preferred LLC acquired a new stake in shares of First Trust Cloud Computing ETF during the second quarter worth about $47,000. Providence Capital Advisors LLC purchased a new position in shares of First Trust Cloud Computing ETF during the third quarter worth about $67,000. Huntington National Bank raised its stake in First Trust Cloud Computing ETF by 190.9% during the 2nd quarter. Huntington National Bank now owns 800 shares of the company’s stock valued at $97,000 after acquiring an additional 525 shares during the last quarter. Finally, Founders Financial Alliance LLC lifted its position in First Trust Cloud Computing ETF by 1,050.9% during the 3rd quarter. Founders Financial Alliance LLC now owns 1,220 shares of the company’s stock worth $164,000 after acquiring an additional 1,114 shares during the period.

First Trust Cloud Computing ETF Price Performance

Shares of NASDAQ:SKYY traded up $0.60 during trading on Friday, reaching $113.90. The company had a trading volume of 11,781 shares, compared to its average volume of 209,363. The firm has a market capitalization of $2.52 billion, a price-to-earnings ratio of 33.85 and a beta of 1.24. The stock’s fifty day moving average price is $123.97 and its 200 day moving average price is $128.74. First Trust Cloud Computing ETF has a fifty-two week low of $85.38 and a fifty-two week high of $143.74.

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.