WealthCare Investment Partners LLC Buys New Position in First Trust Cloud Computing ETF (NASDAQ:SKYY)

WealthCare Investment Partners LLC bought a new stake in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,693 shares of the company’s stock, valued at approximately $203,000.

Several other hedge funds also recently modified their holdings of the stock. Hemington Wealth Management boosted its position in shares of First Trust Cloud Computing ETF by 29.6% during the fourth quarter. Hemington Wealth Management now owns 469 shares of the company’s stock valued at $55,000 after buying an additional 107 shares during the last quarter. Captrust Financial Advisors boosted its position in First Trust Cloud Computing ETF by 3.1% in the third quarter. Captrust Financial Advisors now owns 3,869 shares of the company’s stock worth $396,000 after purchasing an additional 116 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in First Trust Cloud Computing ETF by 77.5% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 284 shares of the company’s stock worth $34,000 after purchasing an additional 124 shares during the last quarter. Kingsview Wealth Management LLC boosted its position in First Trust Cloud Computing ETF by 0.7% in the third quarter. Kingsview Wealth Management LLC now owns 21,799 shares of the company’s stock worth $2,229,000 after purchasing an additional 152 shares during the last quarter. Finally, Kestra Private Wealth Services LLC boosted its position in First Trust Cloud Computing ETF by 2.1% in the fourth quarter. Kestra Private Wealth Services LLC now owns 8,913 shares of the company’s stock worth $1,062,000 after purchasing an additional 183 shares during the last quarter.

First Trust Cloud Computing ETF Trading Down 1.4 %

SKYY stock opened at $128.87 on Thursday. The stock’s fifty day simple moving average is $124.76 and its two-hundred day simple moving average is $112.53. First Trust Cloud Computing ETF has a 1-year low of $83.45 and a 1-year high of $131.54. The stock has a market cap of $3.96 billion, a P/E 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.