Y Intercept Hong Kong Ltd bought a new stake in First Trust Cloud Computing ETF (NASDAQ:SKYY – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,203 shares of the company’s stock, valued at approximately $382,000.
Other large investors have also recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. increased its holdings in First Trust Cloud Computing ETF by 77.5% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 284 shares of the company’s stock valued at $34,000 after buying an additional 124 shares during the last quarter. Morse Asset Management Inc purchased a new position in First Trust Cloud Computing ETF in the third quarter valued at $40,000. Hemington Wealth Management increased its holdings in First Trust Cloud Computing ETF by 29.6% in the fourth quarter. Hemington Wealth Management now owns 469 shares of the company’s stock valued at $55,000 after buying an additional 107 shares during the last quarter. Kestra Investment Management LLC purchased a new position in First Trust Cloud Computing ETF in the fourth quarter valued at $58,000. Finally, Wilmington Savings Fund Society FSB purchased a new position in First Trust Cloud Computing ETF in the third quarter valued at $65,000.
First Trust Cloud Computing ETF Price Performance
NASDAQ:SKYY opened at $114.72 on Tuesday. The firm has a market capitalization of $3.57 billion, a PE ratio of 32.02 and a beta of 1.14. The business’s fifty day moving average price is $124.01 and its 200 day moving average price is $114.27. First Trust Cloud Computing ETF has a 12 month low of $83.45 and a 12 month high of $131.54.
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.
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