B. Riley Wealth Advisors Inc. Boosts Holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY)

B. Riley Wealth Advisors Inc. boosted its position in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 10.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,305 shares of the company’s stock after buying an additional 3,399 shares during the quarter. B. Riley Wealth Advisors Inc. owned 0.12% of First Trust Cloud Computing ETF worth $3,468,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of SKYY. EdgeRock Capital LLC acquired a new stake in First Trust Cloud Computing ETF in the second quarter valued at $33,000. PFS Partners LLC acquired a new stake in shares of First Trust Cloud Computing ETF in the 1st quarter valued at about $43,000. VitalStone Financial LLC lifted its position in shares of First Trust Cloud Computing ETF by 44.4% during the first quarter. VitalStone Financial LLC now owns 465 shares of the company’s stock worth $44,000 after purchasing an additional 143 shares during the last quarter. Future Financial Wealth Managment LLC acquired a new position in First Trust Cloud Computing ETF in the first quarter worth about $48,000. Finally, Blue Trust Inc. bought a new stake in First Trust Cloud Computing ETF in the second quarter valued at about $48,000.

First Trust Cloud Computing ETF Stock Up 0.2 %

NASDAQ:SKYY opened at $102.26 on Tuesday. The company has a market cap of $3.14 billion, a PE ratio of 33.21 and a beta of 1.06. The business’s 50 day moving average is $95.88 and its two-hundred day moving average is $94.57. First Trust Cloud Computing ETF has a 52 week low of $70.42 and a 52 week high of $103.17.

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.