Manchester Capital Management LLC Buys 950 Shares of First Trust Cloud Computing ETF (NASDAQ:SKYY)

Manchester Capital Management LLC raised its position in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 42.2% in the 1st quarter, Holdings Channel.com reports. The firm owned 3,200 shares of the company’s stock after acquiring an additional 950 shares during the quarter. Manchester Capital Management LLC’s holdings in First Trust Cloud Computing ETF were worth $306,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of the company. International Assets Investment Management LLC grew its stake in shares of 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 during the period. Wells Fargo & Company MN boosted its position in First Trust Cloud Computing ETF by 1.6% during the fourth quarter. Wells Fargo & Company MN now owns 297,788 shares of the company’s stock worth $26,107,000 after purchasing an additional 4,739 shares during the period. Raymond James & Associates increased its stake in shares of First Trust Cloud Computing ETF by 5.7% in the fourth quarter. Raymond James & Associates now owns 147,672 shares of the company’s stock worth $12,946,000 after purchasing an additional 7,914 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its position in shares of First Trust Cloud Computing ETF by 21.4% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 138,730 shares of the company’s stock valued at $12,162,000 after purchasing an additional 24,473 shares during the period. Finally, PNC Financial Services Group Inc. lifted its stake in shares of First Trust Cloud Computing ETF by 2.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 132,969 shares of the company’s stock valued at $11,657,000 after buying an additional 2,566 shares in the last quarter.

First Trust Cloud Computing ETF Stock Performance

First Trust Cloud Computing ETF stock traded up $0.82 during mid-day trading on Friday, reaching $96.21. The company’s stock had a trading volume of 33,986 shares, compared to its average volume of 160,701. The firm’s fifty day moving average price is $93.70 and its two-hundred day moving average price is $92.68. First Trust Cloud Computing ETF has a 12-month low of $70.42 and a 12-month high of $97.78. The company has a market capitalization of $3.01 billion, a P/E ratio of 33.21 and a beta of 1.06.

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.