Kingswood Wealth Advisors LLC Buys 2,102 Shares of First Trust Cloud Computing ETF (NASDAQ:SKYY)

Kingswood Wealth Advisors LLC boosted its holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 97.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,265 shares of the company’s stock after buying an additional 2,102 shares during the period. Kingswood Wealth Advisors LLC’s holdings in First Trust Cloud Computing ETF were worth $508,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Wealthcare Advisory Partners LLC increased its position in First Trust Cloud Computing ETF by 29.1% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 3,984 shares of the company’s stock worth $475,000 after buying an additional 899 shares during the period. JPMorgan Chase & Co. increased its position in First Trust Cloud Computing ETF by 4.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 147,336 shares of the company’s stock worth $15,067,000 after buying an additional 5,620 shares during the period. US Bancorp DE increased its position in First Trust Cloud Computing ETF by 8.2% in the 3rd quarter. US Bancorp DE now owns 6,220 shares of the company’s stock worth $636,000 after buying an additional 472 shares during the period. Creative Planning increased its position in First Trust Cloud Computing ETF by 8.0% in the 3rd quarter. Creative Planning now owns 11,929 shares of the company’s stock worth $1,220,000 after buying an additional 885 shares during the period. Finally, Marshall Wace LLP bought a new position in First Trust Cloud Computing ETF in the 2nd quarter worth approximately $209,000.

First Trust Cloud Computing ETF Stock Up 0.4 %

Shares of NASDAQ SKYY opened at $128.05 on Friday. The business’s 50 day moving average is $123.30 and its two-hundred day moving average is $108.81. The company has a market cap of $3.88 billion, a P/E ratio of 33.21 and a beta of 1.06. First Trust Cloud Computing ETF has a 12 month low of $83.45 and a 12 month 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.