Creative Planning Purchases 885 Shares of First Trust Cloud Computing ETF (NASDAQ:SKYY)

Creative Planning grew its position in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 8.0% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,929 shares of the company’s stock after buying an additional 885 shares during the quarter. Creative Planning’s holdings in First Trust Cloud Computing ETF were worth $1,220,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. EP Wealth Advisors LLC raised its holdings in shares of First Trust Cloud Computing ETF by 5.1% in the 1st quarter. EP Wealth Advisors LLC now owns 2,452 shares of the company’s stock worth $234,000 after purchasing an additional 118 shares during the period. Blue Trust Inc. purchased a new position in First Trust Cloud Computing ETF in the 2nd quarter valued at approximately $48,000. Cetera Advisors LLC grew its stake in First Trust Cloud Computing ETF by 16.9% in the 1st quarter. Cetera Advisors LLC now owns 16,454 shares of the company’s stock valued at $1,573,000 after buying an additional 2,380 shares in the last quarter. VitalStone Financial LLC grew its position in shares of First Trust Cloud Computing ETF by 44.4% during the 1st quarter. VitalStone Financial LLC now owns 465 shares of the company’s stock valued at $44,000 after purchasing an additional 143 shares in the last quarter. Finally, Cetera Investment Advisers grew its position in shares of First Trust Cloud Computing ETF by 1,277.0% during the 1st quarter. Cetera Investment Advisers now owns 74,135 shares of the company’s stock valued at $7,087,000 after purchasing an additional 68,751 shares in the last quarter.

First Trust Cloud Computing ETF Price Performance

SKYY opened at $107.05 on Thursday. The company has a fifty day moving average price of $101.12 and a 200-day moving average price of $96.07. The firm has a market capitalization of $3.14 billion, a P/E ratio of 33.21 and a beta of 1.06. First Trust Cloud Computing ETF has a one year low of $71.87 and a one year high of $108.14.

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.