Collier Financial Buys Shares of 1,953 First Trust Cloud Computing ETF (NASDAQ:SKYY)

Collier Financial purchased 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 filing with the Securities and Exchange Commission. The firm purchased 1,953 shares of the company’s stock, valued at approximately $233,000.

A number of other hedge funds have also recently modified their holdings of the business. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of First Trust Cloud Computing ETF by 77.5% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 284 shares of the company’s stock valued at $34,000 after buying an additional 124 shares in the last quarter. Morse Asset Management Inc purchased a new position in First Trust Cloud Computing ETF in the third quarter worth about $40,000. Values First Advisors Inc. bought a new position in First Trust Cloud Computing ETF during the third quarter valued at $49,000. Wilmington Savings Fund Society FSB purchased a new stake in First Trust Cloud Computing ETF in the 3rd quarter worth about $65,000. Finally, GAMMA Investing LLC lifted its stake in shares of First Trust Cloud Computing ETF by 37.2% during the 3rd quarter. GAMMA Investing LLC now owns 738 shares of the company’s stock worth $75,000 after acquiring an additional 200 shares during the last quarter.

First Trust Cloud Computing ETF Trading Up 1.7 %

Shares of SKYY opened at $131.18 on Tuesday. The firm has a market capitalization of $4.03 billion, a P/E ratio of 33.21 and a beta of 1.06. First Trust Cloud Computing ETF has a 12-month low of $83.45 and a 12-month high of $131.54. The firm has a fifty day moving average price of $124.18 and a 200-day moving average price of $110.58.

About First Trust Cloud Computing ETF

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.