Values First Advisors Inc. Buys Shares of 477 First Trust Cloud Computing ETF (NASDAQ:SKYY)

Values First Advisors Inc. purchased a new position in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) during the 3rd quarter, HoldingsChannel.com reports. The fund purchased 477 shares of the company’s stock, valued at approximately $49,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. International Assets Investment Management LLC lifted its stake 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 purchasing an additional 408,542 shares during the last quarter. Cetera Investment Advisers increased its position in shares of First Trust Cloud Computing ETF by 1,277.0% during the first quarter. Cetera Investment Advisers now owns 74,135 shares of the company’s stock valued at $7,087,000 after acquiring an additional 68,751 shares during the last quarter. Seaview Investment Managers LLC purchased a new stake in shares of First Trust Cloud Computing ETF in the 2nd quarter valued at approximately $2,532,000. Private Advisor Group LLC lifted its holdings in shares of First Trust Cloud Computing ETF by 20.6% in the 3rd quarter. Private Advisor Group LLC now owns 120,366 shares of the company’s stock worth $12,309,000 after acquiring an additional 20,559 shares during the last quarter. Finally, Raymond James & Associates increased its holdings in First Trust Cloud Computing ETF by 9.2% in the 3rd quarter. Raymond James & Associates now owns 162,068 shares of the company’s stock valued at $16,573,000 after purchasing an additional 13,689 shares during the last quarter.

First Trust Cloud Computing ETF Trading Up 0.3 %

Shares of NASDAQ SKYY opened at $105.28 on Friday. The stock has a fifty day simple moving average of $100.59 and a 200-day simple moving average of $95.83. First Trust Cloud Computing ETF has a twelve month low of $70.42 and a twelve month high of $107.74. The stock has a market capitalization of $3.08 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.