L. Roy Papp & Associates LLP Purchases Shares of 2,004 First Trust Cloud Computing ETF (NASDAQ:SKYY)

L. Roy Papp & Associates LLP acquired a new stake in First Trust Cloud Computing ETF (NASDAQ:SKYY) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,004 shares of the company’s stock, valued at approximately $205,000.

Other institutional investors have also recently made changes to their positions in the company. International Assets Investment Management LLC boosted its stake in First Trust Cloud Computing ETF by 11,038.7% in the 3rd quarter. International Assets Investment Management LLC now owns 412,243 shares of the company’s stock worth $42,156,000 after purchasing an additional 408,542 shares during the period. Cetera Investment Advisers lifted its holdings in shares of First Trust Cloud Computing ETF by 1,277.0% in the first quarter. Cetera Investment Advisers now owns 74,135 shares of the company’s stock worth $7,087,000 after buying an additional 68,751 shares in the last quarter. Seaview Investment Managers LLC bought a new position in shares of First Trust Cloud Computing ETF during the second quarter worth $2,532,000. Private Advisor Group LLC grew its stake in First Trust Cloud Computing ETF by 20.6% during the third quarter. Private Advisor Group LLC now owns 120,366 shares of the company’s stock valued at $12,309,000 after acquiring an additional 20,559 shares in the last quarter. Finally, Raymond James & Associates increased its holdings in First Trust Cloud Computing ETF by 9.2% in the 3rd quarter. Raymond James & Associates now owns 162,068 shares of the company’s stock valued at $16,573,000 after acquiring an additional 13,689 shares during the last quarter.

First Trust Cloud Computing ETF Stock Up 0.3 %

SKYY stock traded up $0.30 during mid-day trading on Friday, hitting $105.28. The company had a trading volume of 65,136 shares, compared to its average volume of 148,533. The company has a market capitalization of $3.08 billion, a price-to-earnings ratio of 33.21 and a beta of 1.06. The company has a 50-day moving average price of $100.59 and a 200 day moving average price of $95.83. First Trust Cloud Computing ETF has a 12-month low of $70.42 and a 12-month high of $107.74.

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.