First Trust Cloud Computing ETF $SKYY Shares Bought by Endowment Wealth Management Inc.

Endowment Wealth Management Inc. raised its stake in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 25.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,180 shares of the company’s stock after acquiring an additional 1,057 shares during the period. Endowment Wealth Management Inc.’s holdings in First Trust Cloud Computing ETF were worth $630,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Farther Finance Advisors LLC boosted its stake in First Trust Cloud Computing ETF by 615.4% in the first quarter. Farther Finance Advisors LLC now owns 279 shares of the company’s stock valued at $29,000 after acquiring an additional 240 shares in the last quarter. JFS Wealth Advisors LLC raised its holdings in shares of First Trust Cloud Computing ETF by 114.3% in the second quarter. JFS Wealth Advisors LLC now owns 375 shares of the company’s stock valued at $46,000 after buying an additional 200 shares during the last quarter. Sound Income Strategies LLC raised its holdings in shares of First Trust Cloud Computing ETF by 1,215.2% in the first quarter. Sound Income Strategies LLC now owns 434 shares of the company’s stock valued at $44,000 after buying an additional 401 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of First Trust Cloud Computing ETF by 69.4% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 481 shares of the company’s stock valued at $50,000 after buying an additional 197 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of First Trust Cloud Computing ETF by 73.0% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 614 shares of the company’s stock valued at $75,000 after buying an additional 259 shares during the last quarter.

First Trust Cloud Computing ETF Stock Performance

Shares of NASDAQ:SKYY opened at $132.78 on Monday. The company has a 50-day simple moving average of $129.02 and a 200-day simple moving average of $118.06. First Trust Cloud Computing ETF has a one year low of $85.38 and a one year high of $138.82. The stock has a market capitalization of $3.20 billion, a price-to-earnings ratio of 33.85 and a beta of 1.06.

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.