JPMorgan Chase & Co. Acquires 5,620 Shares of First Trust Cloud Computing ETF (NASDAQ:SKYY)

JPMorgan Chase & Co. increased its holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 4.0% during the third quarter, Holdings Channel.com reports. The firm owned 147,336 shares of the company’s stock after acquiring an additional 5,620 shares during the quarter. JPMorgan Chase & Co.’s holdings in First Trust Cloud Computing ETF were worth $15,067,000 at the end of the most recent quarter.

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

First Trust Cloud Computing ETF Stock Performance

First Trust Cloud Computing ETF stock opened at $118.49 on Friday. First Trust Cloud Computing ETF has a fifty-two week low of $83.45 and a fifty-two week high of $131.13. The stock has a market cap of $3.60 billion, a price-to-earnings ratio of 33.21 and a beta of 1.06. The stock’s 50 day simple moving average is $121.28 and its two-hundred day simple moving average is $106.20.

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.