Kingsview Wealth Management LLC Buys 152 Shares of First Trust Cloud Computing ETF (NASDAQ:SKYY)

Kingsview Wealth Management LLC boosted its stake in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 0.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,799 shares of the company’s stock after purchasing an additional 152 shares during the quarter. Kingsview Wealth Management LLC’s holdings in First Trust Cloud Computing ETF were worth $2,229,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SKYY. International Assets Investment Management LLC boosted its holdings in shares of 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 valued at $42,156,000 after buying an additional 408,542 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in First Trust Cloud Computing ETF by 86.2% in the third quarter. PNC Financial Services Group Inc. now owns 177,430 shares of the company’s stock valued at $18,144,000 after acquiring an additional 82,121 shares in the last quarter. Raymond James & Associates grew its holdings in First Trust Cloud Computing ETF by 9.2% in the third quarter. Raymond James & Associates now owns 162,068 shares of the company’s stock worth $16,573,000 after purchasing an additional 13,689 shares during the last quarter. Main Management ETF Advisors LLC increased its position in shares of First Trust Cloud Computing ETF by 0.8% during the second quarter. Main Management ETF Advisors LLC now owns 155,600 shares of the company’s stock worth $14,864,000 after purchasing an additional 1,200 shares in the last quarter. Finally, Private Advisor Group LLC increased its position in shares of 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 worth $12,309,000 after purchasing an additional 20,559 shares in the last quarter.

First Trust Cloud Computing ETF Price Performance

First Trust Cloud Computing ETF stock opened at $123.66 on Tuesday. First Trust Cloud Computing ETF has a 1-year low of $79.76 and a 1-year high of $125.33. The business has a fifty day moving average price of $108.11 and a 200-day moving average price of $99.19. The stock has a market capitalization of $3.62 billion, a price-to-earnings ratio of 33.21 and a beta of 1.06.

About First Trust Cloud Computing ETF

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.