Cloud Hosting

BNP Paribas Financial Markets lessened its holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY Free Report) by 7.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 20,546 shares of the companys stock after selling 1,627 shares during the quarter. BNP Paribas Financial Markets owned 0.06% of First Trust Cloud Computing ETF worth $1,801,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of SKYY. International Assets Investment Management LLC boosted its holdings in First Trust Cloud Computing ETF by 8,785.2% in the 4th quarter. International Assets Investment Management LLC now owns 311,870 shares of the companys stock valued at $27,342,000 after purchasing an additional 308,360 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new stake in First Trust Cloud Computing ETF during the fourth quarter worth approximately $5,468,000. Valley Wealth Managers Inc. acquired a new stake in First Trust Cloud Computing ETF during the third quarter worth approximately $3,815,000. Robertson Stephens Wealth Management LLC bought a new position in First Trust Cloud Computing ETF during the 3rd quarter worth $3,737,000. Finally, Good Life Advisors LLC acquired a new position in First Trust Cloud Computing ETF in the 4th quarter valued at $2,788,000.

NASDAQ:SKYY opened at $95.02 on Friday. First Trust Cloud Computing ETF has a fifty-two week low of $68.66 and a fifty-two week high of $97.78. The company has a market cap of $3.07 billion, a price-to-earnings ratio of 33.21 and a beta of 1.06. The stock has a fifty day moving average price of $94.00 and a 200-day moving average price of $90.12.

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.

Receive News & Ratings for First Trust Cloud Computing ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Cloud Computing ETF and related companies with MarketBeat.com's FREE daily email newsletter.

View post:
BNP Paribas Financial Markets Has $1.80 Million Position in First Trust Cloud Computing ETF (NASDAQ:SKYY) - Defense World