LFA Lugano Financial Advisors SA Takes $32,000 Position in First Trust Cloud Computing ETF (NASDAQ:SKYY)

LFA Lugano Financial Advisors SA acquired 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 Form 13F filing with the SEC. The firm acquired 270 shares of the company’s stock, valued at approximately $32,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of SKYY. Wealthcare Advisory Partners LLC grew its holdings in shares of First Trust Cloud Computing ETF by 29.1% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 3,984 shares of the company’s stock worth $475,000 after purchasing an additional 899 shares during the last quarter. JPMorgan Chase & Co. boosted its position in First Trust Cloud Computing ETF by 4.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 147,336 shares of the company’s stock worth $15,067,000 after buying an additional 5,620 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its position in First Trust Cloud Computing ETF by 77.5% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 284 shares of the company’s stock worth $34,000 after buying an additional 124 shares during the period. Steward Partners Investment Advisory LLC increased its position in First Trust Cloud Computing ETF by 12.3% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 7,820 shares of the company’s stock valued at $932,000 after acquiring an additional 857 shares during the period. Finally, Truist Financial Corp increased its position in First Trust Cloud Computing ETF by 1.8% in the 4th quarter. Truist Financial Corp now owns 19,351 shares of the company’s stock valued at $2,305,000 after acquiring an additional 335 shares during the period.

First Trust Cloud Computing ETF Stock Up 1.4 %

Shares of First Trust Cloud Computing ETF stock opened at $106.58 on Thursday. The stock has a market cap of $3.28 billion, a price-to-earnings ratio of 32.02 and a beta of 1.06. First Trust Cloud Computing ETF has a twelve month low of $83.45 and a twelve month high of $131.54. The company’s fifty day moving average is $122.35 and its 200 day moving average is $114.75.

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.