Raymond James Financial Inc. purchased a new position in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 269,633 shares of the company’s stock, valued at approximately $32,119,000. Raymond James Financial Inc. owned 0.88% of First Trust Cloud Computing ETF at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of SKYY. Mirae Asset Global Investments Co. Ltd. boosted its stake in First Trust Cloud Computing ETF by 77.5% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 284 shares of the company’s stock worth $34,000 after purchasing an additional 124 shares during the period. Morse Asset Management Inc acquired a new stake in shares of First Trust Cloud Computing ETF in the 3rd quarter worth $40,000. SRS Capital Advisors Inc. lifted its stake in shares of First Trust Cloud Computing ETF by 1,343.3% in the 4th quarter. SRS Capital Advisors Inc. now owns 433 shares of the company’s stock worth $52,000 after acquiring an additional 403 shares during the period. Hemington Wealth Management lifted its stake in shares of First Trust Cloud Computing ETF by 29.6% in the 4th quarter. Hemington Wealth Management now owns 469 shares of the company’s stock worth $55,000 after acquiring an additional 107 shares during the period. Finally, Kestra Investment Management LLC acquired a new stake in shares of First Trust Cloud Computing ETF in the 4th quarter worth $58,000.
First Trust Cloud Computing ETF Stock Performance
SKYY stock opened at $103.47 on Friday. First Trust Cloud Computing ETF has a one year low of $83.45 and a one year high of $131.54. The stock has a market capitalization of $3.18 billion, a PE ratio of 32.02 and a beta of 1.06. The company has a fifty day moving average of $122.02 and a 200-day moving average of $114.68.
About First Trust Cloud Computing ETF
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.
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