Kingswood Wealth Advisors LLC Has $508,000 Holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY)

Kingswood Wealth Advisors LLC lifted its position in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 97.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,265 shares of the company’s stock after purchasing an additional 2,102 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in First Trust Cloud Computing ETF were worth $508,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Morse Asset Management Inc acquired a new stake in First Trust Cloud Computing ETF in the 3rd quarter valued at $40,000. Values First Advisors Inc. bought a new stake in First Trust Cloud Computing ETF in the third quarter valued at about $49,000. Anchor Investment Management LLC grew its stake in First Trust Cloud Computing ETF by 53.4% in the second quarter. Anchor Investment Management LLC now owns 675 shares of the company’s stock valued at $64,000 after acquiring an additional 235 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in First Trust Cloud Computing ETF in the third quarter valued at about $65,000. Finally, GAMMA Investing LLC grew 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 valued at $75,000 after acquiring an additional 200 shares during the period.

First Trust Cloud Computing ETF Price Performance

SKYY stock opened at $128.05 on Friday. The stock has a market capitalization of $3.88 billion, a P/E ratio of 33.21 and a beta of 1.06. The business has a 50-day moving average of $123.30 and a 200-day moving average of $108.81. First Trust Cloud Computing ETF has a fifty-two week low of $83.45 and a fifty-two week high of $131.13.

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.