SeaCrest Wealth Management LLC Acquires 2,369 Shares of First Trust Cloud Computing ETF (NASDAQ:SKYY)

SeaCrest Wealth Management LLC lifted its holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 36.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,869 shares of the company’s stock after purchasing an additional 2,369 shares during the quarter. SeaCrest Wealth Management LLC’s holdings in First Trust Cloud Computing ETF were worth $848,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in SKYY. Wealth Enhancement Advisory Services LLC raised its position in First Trust Cloud Computing ETF by 3.6% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 61,565 shares of the company’s stock worth $5,886,000 after acquiring an additional 2,126 shares in the last quarter. PFS Partners LLC bought a new stake in First Trust Cloud Computing ETF during the first quarter worth $43,000. Future Financial Wealth Managment LLC bought a new stake in First Trust Cloud Computing ETF during the first quarter worth $48,000. Flagstar Advisors Inc. raised its position in First Trust Cloud Computing ETF by 40.1% during the first quarter. Flagstar Advisors Inc. now owns 3,509 shares of the company’s stock worth $335,000 after acquiring an additional 1,004 shares in the last quarter. Finally, International Assets Investment Management LLC raised its position in First Trust Cloud Computing ETF by 3.4% during the first quarter. International Assets Investment Management LLC now owns 3,677 shares of the company’s stock worth $351,000 after acquiring an additional 120 shares in the last quarter.

First Trust Cloud Computing ETF Trading Up 0.2 %

NASDAQ SKYY opened at $96.78 on Thursday. The firm’s fifty day moving average price is $93.22 and its two-hundred day moving average price is $92.37. First Trust Cloud Computing ETF has a 1 year low of $70.42 and a 1 year high of $97.78. The firm has a market capitalization of $3.13 billion, a P/E ratio of 33.21 and a beta of 1.06.

First Trust Cloud Computing ETF 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.