CreativeOne Wealth LLC Takes Position in First Trust Cloud Computing ETF (NASDAQ:SKYY)

CreativeOne Wealth LLC bought a new stake in First Trust Cloud Computing ETF (NASDAQ:SKYY) during the 3rd quarter, Holdings Channel reports. The fund bought 12,241 shares of the company’s stock, valued at approximately $1,252,000.

Several other hedge funds also recently modified their holdings of the business. International Assets Investment Management LLC boosted its stake in First Trust Cloud Computing ETF by 11,038.7% during the 3rd quarter. International Assets Investment Management LLC now owns 412,243 shares of the company’s stock worth $42,156,000 after acquiring an additional 408,542 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in First Trust Cloud Computing ETF by 86.2% during the 3rd quarter. PNC Financial Services Group Inc. now owns 177,430 shares of the company’s stock worth $18,144,000 after acquiring an additional 82,121 shares during the last quarter. Raymond James & Associates boosted its stake in First Trust Cloud Computing ETF by 9.2% during the 3rd quarter. Raymond James & Associates now owns 162,068 shares of the company’s stock worth $16,573,000 after acquiring an additional 13,689 shares during the last quarter. Main Management ETF Advisors LLC boosted its stake in First Trust Cloud Computing ETF by 0.8% during the 2nd quarter. Main Management ETF Advisors LLC now owns 155,600 shares of the company’s stock worth $14,864,000 after acquiring an additional 1,200 shares during the last quarter. Finally, Private Advisor Group LLC boosted its stake in First Trust Cloud Computing ETF by 20.6% during the 3rd quarter. Private Advisor Group LLC now owns 120,366 shares of the company’s stock worth $12,309,000 after acquiring an additional 20,559 shares during the last quarter.

First Trust Cloud Computing ETF Price Performance

First Trust Cloud Computing ETF stock opened at $121.98 on Friday. The company’s 50 day simple moving average is $109.86 and its 200 day simple moving average is $99.91. First Trust Cloud Computing ETF has a fifty-two week low of $81.24 and a fifty-two week high of $125.33. The firm has a market capitalization of $3.57 billion, a price-to-earnings ratio of 33.21 and a beta of 1.06.

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.