First Trust Cloud Computing ETF (NASDAQ:SKYY) Shares Acquired by BKA Wealth Consulting Inc.

BKA Wealth Consulting Inc. increased its position in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 5.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,851 shares of the company’s stock after acquiring an additional 200 shares during the quarter. BKA Wealth Consulting Inc.’s holdings in First Trust Cloud Computing ETF were worth $338,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the stock. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of First Trust Cloud Computing ETF in the 4th quarter valued at $5,468,000. Raymond James Financial Services Advisors Inc. grew its holdings in First Trust Cloud Computing ETF by 21.4% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 138,730 shares of the company’s stock worth $12,162,000 after acquiring an additional 24,473 shares in the last quarter. International Assets Investment Management LLC grew its holdings in First Trust Cloud Computing ETF by 8,785.2% during the 4th quarter. International Assets Investment Management LLC now owns 311,870 shares of the company’s stock worth $27,342,000 after acquiring an additional 308,360 shares in the last quarter. Envestnet Portfolio Solutions Inc. acquired a new position in First Trust Cloud Computing ETF during the 3rd quarter worth $351,000. Finally, Beacon Financial Advisory LLC bought a new stake in shares of First Trust Cloud Computing ETF during the 4th quarter valued at about $280,000.

First Trust Cloud Computing ETF Price Performance

Shares of NASDAQ:SKYY traded down $1.84 during trading on Thursday, reaching $90.44. 46,111 shares of the company’s stock traded hands, compared to its average volume of 189,377. First Trust Cloud Computing ETF has a 12 month low of $60.65 and a 12 month high of $97.78. The stock has a market capitalization of $2.93 billion, a P/E ratio of 35.15 and a beta of 1.06. The company has a 50 day moving average of $94.09 and a 200-day moving average of $87.19.

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.