James J. Burns & Company LLC Purchases 208 Shares of First Trust Cloud Computing ETF (NASDAQ:SKYY)

James J. Burns & Company LLC grew its holdings in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 4.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,117 shares of the company’s stock after buying an additional 208 shares during the period. James J. Burns & Company LLC’s holdings in First Trust Cloud Computing ETF were worth $609,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. International Assets Investment Management LLC boosted its stake in First Trust Cloud Computing ETF by 11,038.7% during the third quarter. International Assets Investment Management LLC now owns 412,243 shares of the company’s stock worth $42,156,000 after acquiring an additional 408,542 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of First Trust Cloud Computing ETF by 86.2% during the third quarter. PNC Financial Services Group Inc. now owns 177,430 shares of the company’s stock valued at $18,144,000 after purchasing an additional 82,121 shares during the last quarter. Benjamin Edwards Inc. bought a new stake in shares of First Trust Cloud Computing ETF in the 3rd quarter worth approximately $5,373,000. Plotkin Financial Advisors LLC purchased a new stake in shares of First Trust Cloud Computing ETF in the 3rd quarter worth approximately $3,062,000. Finally, Private Advisor Group LLC increased its position in First Trust Cloud Computing ETF by 20.6% during the 3rd quarter. Private Advisor Group LLC now owns 120,366 shares of the company’s stock valued at $12,309,000 after buying an additional 20,559 shares in the last quarter.

First Trust Cloud Computing ETF Trading Down 1.0 %

First Trust Cloud Computing ETF stock opened at $127.03 on Tuesday. First Trust Cloud Computing ETF has a 12 month low of $83.45 and a 12 month high of $131.13. The business’s fifty day simple moving average is $123.55 and its two-hundred day simple moving average is $109.35. The company has a market capitalization of $3.91 billion, a price-to-earnings 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.