Regent Peak Wealth Advisors LLC Takes Position in First Trust Cloud Computing ETF (NASDAQ:SKYY)

Regent Peak Wealth Advisors LLC bought a new position in First Trust Cloud Computing ETF (NASDAQ:SKYY) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 1,763 shares of the company’s stock, valued at approximately $210,000.

Several other hedge funds have also bought and sold shares of the business. Morse Asset Management Inc acquired a new position in First Trust Cloud Computing ETF during the 3rd quarter valued at about $40,000. Values First Advisors Inc. purchased a new position in shares of First Trust Cloud Computing ETF during the third quarter valued at approximately $49,000. Anchor Investment Management LLC grew its holdings in First Trust Cloud Computing ETF by 53.4% during the second quarter. Anchor Investment Management LLC now owns 675 shares of the company’s stock worth $64,000 after buying an additional 235 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in First Trust Cloud Computing ETF in the 3rd quarter valued at $65,000. Finally, GAMMA Investing LLC lifted its stake in First Trust Cloud Computing ETF by 37.2% during the 3rd quarter. GAMMA Investing LLC now owns 738 shares of the company’s stock valued at $75,000 after acquiring an additional 200 shares in the last quarter.

First Trust Cloud Computing ETF Price Performance

SKYY opened at $122.22 on Tuesday. First Trust Cloud Computing ETF has a 1 year low of $83.45 and a 1 year high of $131.13. The company has a market capitalization of $3.74 billion, a price-to-earnings ratio of 33.21 and a beta of 1.06. The firm’s fifty day moving average price is $122.07 and its two-hundred day moving average price is $107.42.

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.