GAMMA Investing LLC Raises Stock Holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY)

GAMMA Investing LLC boosted its position in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 37.2% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 738 shares of the company’s stock after buying an additional 200 shares during the quarter. GAMMA Investing LLC’s holdings in First Trust Cloud Computing ETF were worth $75,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. MJP Associates Inc. ADV raised its stake in shares of First Trust Cloud Computing ETF by 4.0% during the first quarter. MJP Associates Inc. ADV now owns 2,703 shares of the company’s stock valued at $258,000 after acquiring an additional 105 shares during the last quarter. EP Wealth Advisors LLC raised its position in First Trust Cloud Computing ETF by 5.1% during the 1st quarter. EP Wealth Advisors LLC now owns 2,452 shares of the company’s stock valued at $234,000 after purchasing an additional 118 shares during the last quarter. International Assets Investment Management LLC lifted its holdings in First Trust Cloud Computing ETF by 3.4% in the 1st quarter. International Assets Investment Management LLC now owns 3,677 shares of the company’s stock worth $351,000 after buying an additional 120 shares during the period. Emerald Advisors LLC lifted its holdings in First Trust Cloud Computing ETF by 1.6% in the 2nd quarter. Emerald Advisors LLC now owns 7,986 shares of the company’s stock worth $763,000 after buying an additional 122 shares during the period. Finally, HBK Sorce Advisory LLC grew its position in shares of First Trust Cloud Computing ETF by 3.4% in the 1st quarter. HBK Sorce Advisory LLC now owns 4,357 shares of the company’s stock worth $417,000 after buying an additional 142 shares during the last quarter.

First Trust Cloud Computing ETF Stock Down 0.7 %

Shares of First Trust Cloud Computing ETF stock opened at $105.80 on Wednesday. The business has a 50 day moving average of $98.54 and a 200 day moving average of $95.24. First Trust Cloud Computing ETF has a 52 week low of $70.42 and a 52 week high of $107.05. The company has a market cap of $3.07 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.