SeaCrest Wealth Management LLC Boosts Stock Position in First Trust Cloud Computing ETF (NASDAQ:SKYY)

SeaCrest Wealth Management LLC grew its stake in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 36.4% during the first quarter, Holdings Channel reports. The institutional investor owned 8,869 shares of the company’s stock after buying an additional 2,369 shares during the period. SeaCrest Wealth Management LLC’s holdings in First Trust Cloud Computing ETF were worth $848,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Envestnet Asset Management Inc. lifted its holdings in First Trust Cloud Computing ETF by 3.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 112,799 shares of the company’s stock worth $8,563,000 after purchasing an additional 4,174 shares in the last quarter. O Shaughnessy Asset Management LLC purchased a new position in First Trust Cloud Computing ETF in the 3rd quarter worth approximately $125,000. VitalStone Financial LLC lifted its holdings in First Trust Cloud Computing ETF by 144.8% in the 3rd quarter. VitalStone Financial LLC now owns 350 shares of the company’s stock worth $27,000 after purchasing an additional 207 shares in the last quarter. Verity Asset Management Inc. purchased a new position in First Trust Cloud Computing ETF in the 3rd quarter worth approximately $206,000. Finally, Anchor Investment Management LLC purchased a new position in First Trust Cloud Computing ETF in the 4th quarter worth approximately $40,000.

First Trust Cloud Computing ETF Trading Up 0.2 %

NASDAQ SKYY opened at $96.78 on Thursday. The stock’s 50 day moving average is $93.22 and its 200 day moving average is $92.37. First Trust Cloud Computing ETF has a 12 month low of $70.42 and a 12 month high of $97.78. The stock has a market cap of $3.13 billion, a PE 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.