Hsbc Holdings PLC Invests $1.56 Million in First Trust Cloud Computing ETF (NASDAQ:SKYY)

Hsbc Holdings PLC purchased a new position in shares of First Trust Cloud Computing ETF (NASDAQ:SKYYFree Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 17,800 shares of the company’s stock, valued at approximately $1,561,000. Hsbc Holdings PLC owned about 0.05% of First Trust Cloud Computing ETF at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the business. Tidemark LLC purchased a new position in First Trust Cloud Computing ETF in the fourth quarter worth $1,064,000. EverSource Wealth Advisors LLC purchased a new position in First Trust Cloud Computing ETF in the fourth quarter worth $1,718,000. Wells Fargo & Company MN raised its position in First Trust Cloud Computing ETF by 1.6% in the fourth quarter. Wells Fargo & Company MN now owns 297,788 shares of the company’s stock worth $26,107,000 after acquiring an additional 4,739 shares in the last quarter. Paragon Private Wealth Management LLC raised its position in First Trust Cloud Computing ETF by 2.0% in the fourth quarter. Paragon Private Wealth Management LLC now owns 22,868 shares of the company’s stock worth $2,005,000 after acquiring an additional 438 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its position in First Trust Cloud Computing ETF by 2.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 132,969 shares of the company’s stock worth $11,657,000 after acquiring an additional 2,566 shares in the last quarter.

First Trust Cloud Computing ETF Stock Performance

NASDAQ:SKYY opened at $90.89 on Friday. The stock has a fifty day moving average price of $93.22 and a two-hundred day moving average price of $91.06. The stock has a market capitalization of $2.94 billion, a price-to-earnings ratio of 33.21 and a beta of 1.06. First Trust Cloud Computing ETF has a 1 year low of $70.42 and a 1 year high of $97.78.

First Trust Cloud Computing ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for First Trust Cloud Computing ETF (NASDAQ:SKYY)

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