First Trust Cloud Computing ETF (NASDAQ:SKYY) Stock Holdings Increased by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC increased its position in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 6.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,054 shares of the company’s stock after acquiring an additional 233 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in First Trust Cloud Computing ETF were worth $483,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. LPL Financial LLC raised its holdings in shares of First Trust Cloud Computing ETF by 1.5% during the fourth quarter. LPL Financial LLC now owns 832,024 shares of the company’s stock valued at $99,111,000 after acquiring an additional 12,281 shares during the period. Wells Fargo & Company MN raised its holdings in shares of First Trust Cloud Computing ETF by 26.5% during the fourth quarter. Wells Fargo & Company MN now owns 378,613 shares of the company’s stock valued at $45,100,000 after acquiring an additional 79,365 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of First Trust Cloud Computing ETF during the fourth quarter valued at approximately $32,119,000. Envestnet Asset Management Inc. raised its holdings in shares of First Trust Cloud Computing ETF by 157.8% during the fourth quarter. Envestnet Asset Management Inc. now owns 232,972 shares of the company’s stock valued at $27,752,000 after acquiring an additional 142,620 shares during the period. Finally, Prudential PLC acquired a new position in First Trust Cloud Computing ETF in the 4th quarter valued at approximately $27,124,000.

First Trust Cloud Computing ETF Stock Down 0.9%

SKYY stock opened at $113.38 on Friday. First Trust Cloud Computing ETF has a 12-month low of $83.45 and a 12-month high of $131.54. The company has a market cap of $3.34 billion, a price-to-earnings ratio of 30.28 and a beta of 1.06. The company has a 50 day moving average of $104.33 and a two-hundred day moving average of $115.62.

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.