Proactive Wealth Strategies LLC Increases Stake in First Trust Cloud Computing ETF (NASDAQ:SKYY)

Proactive Wealth Strategies LLC grew its position in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 2.0% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 17,043 shares of the company’s stock after acquiring an additional 328 shares during the period. Proactive Wealth Strategies LLC owned about 0.06% of First Trust Cloud Computing ETF worth $2,030,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. increased 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 buying an additional 124 shares in the last quarter. Morse Asset Management Inc purchased a new position in First Trust Cloud Computing ETF in the 3rd quarter worth about $40,000. Values First Advisors Inc. purchased a new stake in shares of First Trust Cloud Computing ETF during the 3rd quarter valued at about $49,000. Hemington Wealth Management raised its holdings in shares of First Trust Cloud Computing ETF by 29.6% during the fourth quarter. Hemington Wealth Management now owns 469 shares of the company’s stock valued at $55,000 after purchasing an additional 107 shares during the last quarter. Finally, Kestra Investment Management LLC bought a new stake in First Trust Cloud Computing ETF during the fourth quarter valued at about $58,000.

First Trust Cloud Computing ETF Stock Down 1.1 %

SKYY stock opened at $129.41 on Tuesday. First Trust Cloud Computing ETF has a twelve month low of $83.45 and a twelve month high of $131.54. The stock has a market cap of $3.98 billion, a P/E ratio of 33.21 and a beta of 1.06. The business’s 50-day moving average price is $124.57 and its 200-day moving average price is $111.86.

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.