Keybank National Association OH Purchases Shares of 1,845 First Trust Cloud Computing ETF (NASDAQ:SKYY)

Keybank National Association OH purchased a new stake in First Trust Cloud Computing ETF (NASDAQ:SKYY) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,845 shares of the company’s stock, valued at approximately $220,000.

Other hedge funds also recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of First Trust Cloud Computing ETF by 77.5% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 284 shares of the company’s stock worth $34,000 after acquiring an additional 124 shares in the last quarter. Morse Asset Management Inc purchased a new stake in shares of First Trust Cloud Computing ETF during the 3rd quarter worth about $40,000. SRS Capital Advisors Inc. boosted its stake in shares of First Trust Cloud Computing ETF by 1,343.3% during the 4th quarter. SRS Capital Advisors Inc. now owns 433 shares of the company’s stock worth $52,000 after acquiring an additional 403 shares in the last quarter. Hemington Wealth Management boosted its stake in shares of First Trust Cloud Computing ETF by 29.6% during the 4th quarter. Hemington Wealth Management now owns 469 shares of the company’s stock worth $55,000 after acquiring an additional 107 shares in the last quarter. Finally, Kestra Investment Management LLC purchased a new stake in shares of First Trust Cloud Computing ETF during the 4th quarter worth about $58,000.

First Trust Cloud Computing ETF Stock Up 0.4 %

SKYY stock opened at $105.15 on Wednesday. The company’s 50-day simple moving average is $122.60 and its 200-day simple moving average is $114.81. First Trust Cloud Computing ETF has a 52-week low of $83.45 and a 52-week high of $131.54. The firm has a market cap of $3.23 billion, a P/E ratio of 32.02 and a beta of 1.06.

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.