Apollon Wealth Management LLC Has $1.46 Million Stock Position in First Trust Cloud Computing ETF (NASDAQ:SKYY)

Apollon Wealth Management LLC boosted its holdings in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 413.2% in the fourth quarter, HoldingsChannel reports. The fund owned 12,261 shares of the company’s stock after buying an additional 9,872 shares during the quarter. Apollon Wealth Management LLC’s holdings in First Trust Cloud Computing ETF were worth $1,460,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of SKYY. International Assets Investment Management LLC boosted its holdings in shares of First Trust Cloud Computing ETF by 11,038.7% during the third quarter. International Assets Investment Management LLC now owns 412,243 shares of the company’s stock worth $42,156,000 after purchasing an additional 408,542 shares during the period. PNC Financial Services Group Inc. lifted its holdings in shares of First Trust Cloud Computing ETF by 86.2% during the 3rd quarter. PNC Financial Services Group Inc. now owns 177,430 shares of the company’s stock valued at $18,144,000 after buying an additional 82,121 shares during the last quarter. Benjamin Edwards Inc. bought a new stake in shares of First Trust Cloud Computing ETF in the 3rd quarter valued at approximately $5,373,000. Plotkin Financial Advisors LLC acquired a new position in First Trust Cloud Computing ETF in the third quarter worth approximately $3,062,000. Finally, Private Advisor Group LLC raised its position in First Trust Cloud Computing ETF by 20.6% during the third quarter. Private Advisor Group LLC now owns 120,366 shares of the company’s stock valued at $12,309,000 after acquiring an additional 20,559 shares in the last quarter.

First Trust Cloud Computing ETF Stock Up 1.7 %

NASDAQ SKYY opened at $131.18 on Tuesday. The stock has a market capitalization of $4.03 billion, a PE 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 company has a 50 day moving average price of $124.18 and a two-hundred day moving average price of $110.58.

First Trust Cloud Computing ETF Company 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.