Wealthcare Advisory Partners LLC Boosts Holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY)

Wealthcare Advisory Partners LLC lifted its stake in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 29.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,984 shares of the company’s stock after purchasing an additional 899 shares during the period. Wealthcare Advisory Partners LLC’s holdings in First Trust Cloud Computing ETF were worth $475,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Renaissance Technologies LLC purchased a new stake in First Trust Cloud Computing ETF in the second quarter worth about $325,000. Mercer Global Advisors Inc. ADV grew its stake in First Trust Cloud Computing ETF by 35.2% in the second quarter. Mercer Global Advisors Inc. ADV now owns 4,647 shares of the company’s stock worth $444,000 after purchasing an additional 1,211 shares during the period. AE Wealth Management LLC purchased a new stake in First Trust Cloud Computing ETF in the second quarter worth $593,000. 1832 Asset Management L.P. lifted its position in First Trust Cloud Computing ETF by 20.1% during the second quarter. 1832 Asset Management L.P. now owns 1,122 shares of the company’s stock valued at $107,000 after buying an additional 188 shares during the period. Finally, Bank of Montreal Can lifted its position in First Trust Cloud Computing ETF by 61.3% during the second quarter. Bank of Montreal Can now owns 8,250 shares of the company’s stock valued at $792,000 after buying an additional 3,136 shares during the period.

First Trust Cloud Computing ETF Trading Up 0.5 %

Shares of SKYY stock opened at $122.22 on Tuesday. First Trust Cloud Computing ETF has a 12 month low of $83.45 and a 12 month high of $131.13. The stock has a market cap of $3.74 billion, a PE ratio of 33.21 and a beta of 1.06. The company’s fifty day moving average price is $122.07 and its 200-day moving average price is $107.42.

First Trust Cloud Computing ETF Company 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.