International Assets Investment Management LLC Acquires 408,542 Shares of First Trust Cloud Computing ETF (NASDAQ:SKYY)

International Assets Investment Management LLC grew its holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 11,038.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 412,243 shares of the company’s stock after purchasing an additional 408,542 shares during the period. International Assets Investment Management LLC owned about 1.41% of First Trust Cloud Computing ETF worth $42,156,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in SKYY. Raymond James & Associates increased its stake 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 worth $16,573,000 after buying an additional 13,689 shares during the period. Main Management ETF Advisors LLC raised its holdings in shares of First Trust Cloud Computing ETF by 0.8% in the second quarter. Main Management ETF Advisors LLC now owns 155,600 shares of the company’s stock valued at $14,864,000 after acquiring an additional 1,200 shares in the last quarter. Private Advisor Group LLC grew its holdings in First Trust Cloud Computing ETF by 18.1% during the 1st quarter. Private Advisor Group LLC now owns 130,739 shares of the company’s stock worth $12,499,000 after acquiring an additional 20,028 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of First Trust Cloud Computing ETF by 1,277.0% in the 1st quarter. Cetera Investment Advisers now owns 74,135 shares of the company’s stock worth $7,087,000 after purchasing an additional 68,751 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings 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 buying an additional 2,126 shares during the period.

First Trust Cloud Computing ETF Trading Up 0.3 %

Shares of NASDAQ:SKYY opened at $105.28 on Monday. The business’s fifty day simple moving average is $100.59 and its 200-day simple moving average is $95.83. First Trust Cloud Computing ETF has a 12-month low of $70.42 and a 12-month high of $107.74. The company 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 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.