ERn Financial LLC Purchases 306 Shares of First Trust Cloud Computing ETF (NASDAQ:SKYY)

ERn Financial LLC boosted its holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 1.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 18,769 shares of the company’s stock after purchasing an additional 306 shares during the quarter. ERn Financial LLC owned about 0.06% of First Trust Cloud Computing ETF worth $1,919,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of SKYY. EP Wealth Advisors LLC acquired a new position in shares of First Trust Cloud Computing ETF during the fourth quarter valued at about $205,000. RFG Advisory LLC bought a new position in First Trust Cloud Computing ETF in the 1st quarter valued at about $230,000. MJP Associates Inc. ADV boosted its stake in First Trust Cloud Computing ETF by 4.0% during the 1st quarter. MJP Associates Inc. ADV now owns 2,703 shares of the company’s stock valued at $258,000 after purchasing an additional 105 shares during the last quarter. International Assets Investment Management LLC increased its holdings in First Trust Cloud Computing ETF by 3.4% during the 1st quarter. International Assets Investment Management LLC now owns 3,677 shares of the company’s stock worth $351,000 after purchasing an additional 120 shares in the last quarter. Finally, Flagstar Advisors Inc. raised its stake in shares of First Trust Cloud Computing ETF by 40.1% in the first quarter. Flagstar Advisors Inc. now owns 3,509 shares of the company’s stock worth $335,000 after purchasing an additional 1,004 shares during the last quarter.

First Trust Cloud Computing ETF Stock Down 0.7 %

SKYY stock opened at $105.80 on Wednesday. The firm has a market capitalization of $3.07 billion, a PE ratio of 33.21 and a beta of 1.06. First Trust Cloud Computing ETF has a twelve month low of $70.42 and a twelve month high of $107.05. The stock’s 50 day moving average is $98.54 and its 200-day moving average is $95.24.

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.