Essential Planning LLC. Buys New Holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY)

Essential Planning LLC. bought a new stake in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 21,190 shares of the company’s stock, valued at approximately $2,436,000.

Several other institutional investors also recently bought and sold shares of the stock. Wealthcare Advisory Partners LLC raised its position in First Trust Cloud Computing ETF by 29.1% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 3,984 shares of the company’s stock valued at $475,000 after purchasing an additional 899 shares during the last quarter. JPMorgan Chase & Co. raised its position in First Trust Cloud Computing ETF by 4.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 147,336 shares of the company’s stock valued at $15,067,000 after purchasing an additional 5,620 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in First Trust Cloud Computing ETF by 77.5% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 284 shares of the company’s stock valued at $34,000 after purchasing an additional 124 shares during the last quarter. Steward Partners Investment Advisory LLC raised its position in First Trust Cloud Computing ETF by 12.3% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 7,820 shares of the company’s stock valued at $932,000 after purchasing an additional 857 shares during the last quarter. Finally, Truist Financial Corp raised its position in First Trust Cloud Computing ETF by 1.8% during the 4th quarter. Truist Financial Corp now owns 19,351 shares of the company’s stock valued at $2,305,000 after purchasing an additional 335 shares during the last quarter.

First Trust Cloud Computing ETF Price Performance

SKYY opened at $106.58 on Thursday. The business has a 50 day simple moving average of $122.35 and a two-hundred day simple moving average of $114.75. The firm has a market capitalization of $3.28 billion, a price-to-earnings ratio of 32.02 and a beta of 1.06. First Trust Cloud Computing ETF has a one year low of $83.45 and a one year high of $131.54.

First Trust Cloud Computing ETF Company 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.