Thurston Springer Miller Herd & Titak Inc. Has $885,000 Holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY)

Thurston Springer Miller Herd & Titak Inc. increased its position in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 4,515.5% in the 4th quarter, Holdings Channel reports. The firm owned 7,431 shares of the company’s stock after buying an additional 7,270 shares during the quarter. Thurston Springer Miller Herd & Titak Inc.’s holdings in First Trust Cloud Computing ETF were worth $885,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Morse Asset Management Inc acquired a new position in shares of First Trust Cloud Computing ETF in the 3rd quarter valued at $40,000. Values First Advisors Inc. acquired a new stake in First Trust Cloud Computing ETF during the third quarter valued at approximately $49,000. Anchor Investment Management LLC grew its stake in shares of First Trust Cloud Computing ETF by 53.4% in the 2nd quarter. Anchor Investment Management LLC now owns 675 shares of the company’s stock valued at $64,000 after purchasing an additional 235 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in shares of First Trust Cloud Computing ETF in the 3rd quarter worth approximately $65,000. Finally, GAMMA Investing LLC lifted its position 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 buying an additional 200 shares during the period.

First Trust Cloud Computing ETF Price Performance

Shares of NASDAQ:SKYY opened at $121.06 on Thursday. The stock has a market capitalization of $3.68 billion, a price-to-earnings ratio of 33.21 and a beta of 1.06. The business’s fifty day moving average price is $121.83 and its two-hundred day moving average price is $106.81. First Trust Cloud Computing ETF has a fifty-two week low of $83.45 and a fifty-two week high of $131.13.

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.