PFG Investments LLC Purchases 1,329 Shares of First Trust Cloud Computing ETF (NASDAQ:SKYY)

PFG Investments LLC increased its position in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 23.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,964 shares of the company’s stock after purchasing an additional 1,329 shares during the quarter. PFG Investments LLC’s holdings in First Trust Cloud Computing ETF were worth $666,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Accordant Advisory Group Inc bought a new stake in First Trust Cloud Computing ETF during the first quarter worth about $107,000. SeaCrest Wealth Management LLC lifted its holdings in shares of First Trust Cloud Computing ETF by 36.4% in the first quarter. SeaCrest Wealth Management LLC now owns 8,869 shares of the company’s stock worth $848,000 after acquiring an additional 2,369 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of First Trust Cloud Computing ETF by 3.6% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 61,565 shares of the company’s stock worth $5,886,000 after acquiring an additional 2,126 shares during the last quarter. PFS Partners LLC bought a new position in shares of First Trust Cloud Computing ETF in the first quarter worth about $43,000. Finally, Future Financial Wealth Managment LLC bought a new position in shares of First Trust Cloud Computing ETF in the first quarter worth about $48,000.

First Trust Cloud Computing ETF Stock Down 0.1 %

Shares of SKYY stock traded down $0.11 on Monday, reaching $92.88. The company had a trading volume of 67,022 shares, compared to its average volume of 187,560. The stock has a market capitalization of $3.01 billion, a PE ratio of 35.15 and a beta of 1.06. First Trust Cloud Computing ETF has a one year low of $60.65 and a one year high of $97.78. The business’s 50-day moving average is $94.02 and its 200 day moving average is $87.58.

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.