Regent Peak Wealth Advisors LLC Acquires Shares of 1,763 First Trust Cloud Computing ETF (NASDAQ:SKYY)

Regent Peak Wealth Advisors LLC acquired a new stake in First Trust Cloud Computing ETF (NASDAQ:SKYY) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 1,763 shares of the company’s stock, valued at approximately $210,000.

A number of other institutional investors have also made changes to their positions in SKYY. Morse Asset Management Inc bought a new position in First Trust Cloud Computing ETF during the third quarter worth $40,000. Values First Advisors Inc. acquired a new stake in First Trust Cloud Computing ETF during the third quarter worth approximately $49,000. Wilmington Savings Fund Society FSB acquired a new stake in First Trust Cloud Computing ETF during the third quarter worth approximately $65,000. Anchor Investment Management LLC boosted its holdings in shares of First Trust Cloud Computing ETF by 53.4% during the second quarter. Anchor Investment Management LLC now owns 675 shares of the company’s stock worth $64,000 after acquiring an additional 235 shares during the period. Finally, GAMMA Investing LLC grew its position in shares of First Trust Cloud Computing ETF by 37.2% in the third quarter. GAMMA Investing LLC now owns 738 shares of the company’s stock valued at $75,000 after purchasing an additional 200 shares during the last quarter.

First Trust Cloud Computing ETF Trading Up 0.5 %

NASDAQ:SKYY opened at $122.22 on Tuesday. The stock has a 50 day simple moving average of $122.07 and a 200 day simple moving average of $107.42. The stock has a market cap of $3.74 billion, a P/E ratio of 33.21 and a beta of 1.06. First Trust Cloud Computing ETF has a 1-year low of $83.45 and a 1-year high of $131.13.

First Trust Cloud Computing ETF 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.