RFG Advisory LLC Purchases 224 Shares of First Trust Cloud Computing ETF (NASDAQ:SKYY)

RFG Advisory LLC grew its holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 8.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,934 shares of the company’s stock after purchasing an additional 224 shares during the quarter. RFG Advisory LLC’s holdings in First Trust Cloud Computing ETF were worth $349,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of SKYY. Renaissance Technologies LLC acquired a new stake in First Trust Cloud Computing ETF during the 2nd quarter worth $325,000. Bank of Montreal Can grew its stake in shares of 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 worth $792,000 after purchasing an additional 3,136 shares during the period. Marshall Wace LLP bought a new stake in First Trust Cloud Computing ETF in the second quarter valued at about $209,000. Northwestern Mutual Wealth Management Co. lifted its stake in First Trust Cloud Computing ETF by 17.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 28,930 shares of the company’s stock valued at $2,764,000 after buying an additional 4,259 shares during the period. Finally, Gateway Wealth Partners LLC boosted its holdings in First Trust Cloud Computing ETF by 368.9% during the second quarter. Gateway Wealth Partners LLC now owns 12,683 shares of the company’s stock worth $1,212,000 after buying an additional 9,978 shares during the last quarter.

First Trust Cloud Computing ETF Price Performance

Shares of SKYY stock opened at $123.72 on Tuesday. The stock has a market cap of $3.74 billion, a PE ratio of 33.21 and a beta of 1.06. The stock has a 50-day moving average of $122.71 and a 200-day moving average of $108.26. First Trust Cloud Computing ETF has a one year low of $83.45 and a one year high of $131.13.

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.