Evelyn Partners Investment Management Europe Ltd Makes New $5.51 Million Investment in First Trust Cloud Computing ETF $SKYY

Evelyn Partners Investment Management Europe Ltd bought a new position in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 42,341 shares of the company’s stock, valued at approximately $5,508,000. First Trust Cloud Computing ETF comprises about 1.8% of Evelyn Partners Investment Management Europe Ltd’s investment portfolio, making the stock its 15th largest holding. Evelyn Partners Investment Management Europe Ltd owned approximately 0.19% of First Trust Cloud Computing ETF at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. grew its position in First Trust Cloud Computing ETF by 12,567.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,301,211 shares of the company’s stock worth $429,422,000 after purchasing an additional 3,275,151 shares during the last quarter. LPL Financial LLC grew its position in First Trust Cloud Computing ETF by 2.0% during the 4th quarter. LPL Financial LLC now owns 917,710 shares of the company’s stock worth $119,376,000 after purchasing an additional 17,690 shares during the last quarter. UBS Group AG grew its position in First Trust Cloud Computing ETF by 2.1% during the 3rd quarter. UBS Group AG now owns 538,996 shares of the company’s stock worth $72,452,000 after purchasing an additional 11,236 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in shares of First Trust Cloud Computing ETF by 16.4% in the 4th quarter. Wells Fargo & Company MN now owns 335,915 shares of the company’s stock valued at $43,696,000 after acquiring an additional 47,229 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in shares of First Trust Cloud Computing ETF by 7.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 164,762 shares of the company’s stock valued at $20,041,000 after acquiring an additional 11,987 shares during the last quarter.

First Trust Cloud Computing ETF Price Performance

SKYY stock opened at $134.02 on Friday. The firm’s fifty day simple moving average is $126.31 and its 200-day simple moving average is $122.83. The company has a market capitalization of $2.76 billion, a P/E ratio of 33.85 and a beta of 1.24. First Trust Cloud Computing ETF has a 12 month low of $103.76 and a 12 month high of $155.76.

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.