Apollon Wealth Management LLC Has $1.38 Million Stock Holdings in First Trust Cloud Computing ETF $SKYY

Apollon Wealth Management LLC cut its stake in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 1.2% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 11,334 shares of the company’s stock after selling 133 shares during the period. Apollon Wealth Management LLC’s holdings in First Trust Cloud Computing ETF were worth $1,379,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. JFS Wealth Advisors LLC boosted its position in First Trust Cloud Computing ETF by 114.3% during the second quarter. JFS Wealth Advisors LLC now owns 375 shares of the company’s stock valued at $46,000 after purchasing an additional 200 shares during the last quarter. Robertson Stephens Wealth Management LLC raised its stake in First Trust Cloud Computing ETF by 11.6% in the second quarter. Robertson Stephens Wealth Management LLC now owns 2,359 shares of the company’s stock valued at $287,000 after buying an additional 246 shares during the period. Blair William & Co. IL raised its stake in First Trust Cloud Computing ETF by 4.7% in the second quarter. Blair William & Co. IL now owns 2,145 shares of the company’s stock valued at $261,000 after buying an additional 97 shares during the period. Meitav Investment House Ltd. raised its stake in First Trust Cloud Computing ETF by 197.8% in the second quarter. Meitav Investment House Ltd. now owns 31,764 shares of the company’s stock valued at $3,864,000 after buying an additional 21,099 shares during the period. Finally, Chung Wu Investment Group LLC bought a new stake in First Trust Cloud Computing ETF in the second quarter valued at approximately $235,000.

First Trust Cloud Computing ETF Stock Up 1.6%

NASDAQ:SKYY opened at $134.94 on Tuesday. The stock’s 50 day moving average price is $129.29 and its two-hundred day moving average price is $118.28. The firm has a market capitalization of $3.25 billion, a price-to-earnings ratio of 33.85 and a beta of 1.06. First Trust Cloud Computing ETF has a 12-month low of $85.38 and a 12-month high of $138.82.

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.