Evelyn Partners Investment Management LLP Takes $502,000 Position in First Trust Cloud Computing ETF $SKYY

Evelyn Partners Investment Management LLP bought a new stake in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 3,860 shares of the company’s stock, valued at approximately $502,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SKYY. Parallel Advisors LLC boosted its position in shares of First Trust Cloud Computing ETF by 97.0% during the 3rd quarter. Parallel Advisors LLC now owns 197 shares of the company’s stock valued at $26,000 after acquiring an additional 97 shares during the last quarter. N.E.W. Advisory Services LLC bought a new position in shares of First Trust Cloud Computing ETF during the 4th quarter valued at approximately $30,000. Franklin Resources Inc. bought a new position in shares of First Trust Cloud Computing ETF during the 4th quarter valued at approximately $33,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in First Trust Cloud Computing ETF in the fourth quarter worth $47,000. Finally, Kohmann Bosshard Financial Services LLC bought a new stake in First Trust Cloud Computing ETF in the fourth quarter worth $65,000.

First Trust Cloud Computing ETF Price Performance

Shares of SKYY opened at $134.02 on Monday. The company has a market cap of $2.76 billion, a PE ratio of 33.85 and a beta of 1.24. The business has a fifty day moving average of $126.31 and a 200 day moving average of $122.80. First Trust Cloud Computing ETF has a 52-week low of $103.76 and a 52-week high of $155.76.

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.