RPg Family Wealth Advisory LLC Takes $5.69 Million Position in First Trust Cloud Computing ETF $SKYY

RPg Family Wealth Advisory LLC bought a new stake in First Trust Cloud Computing ETF (NASDAQ:SKYY) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 42,260 shares of the company’s stock, valued at approximately $5,687,000. RPg Family Wealth Advisory LLC owned approximately 0.21% of First Trust Cloud Computing ETF as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SKYY. Marshall Wace LLP acquired a new position in First Trust Cloud Computing ETF in the second quarter worth $3,175,000. Brown Advisory Inc. acquired a new stake in shares of First Trust Cloud Computing ETF in the second quarter valued at $337,000. NewEdge Advisors LLC increased its stake in shares of First Trust Cloud Computing ETF by 17.9% in the second quarter. NewEdge Advisors LLC now owns 30,644 shares of the company’s stock valued at $3,727,000 after buying an additional 4,652 shares in the last quarter. Quantinno Capital Management LP bought a new stake in First Trust Cloud Computing ETF during the 2nd quarter worth about $597,000. Finally, Ameriprise Financial Inc. grew its holdings in First Trust Cloud Computing ETF by 7.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 164,762 shares of the company’s stock worth $20,041,000 after acquiring an additional 11,987 shares during the last quarter.

First Trust Cloud Computing ETF Stock Performance

Shares of NASDAQ SKYY opened at $165.14 on Monday. First Trust Cloud Computing ETF has a 1-year low of $103.76 and a 1-year high of $169.05. The company has a 50-day moving average of $145.23 and a two-hundred day moving average of $129.37. The company has a market cap of $3.30 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.