Franklin Wireless logo

Envestnet Asset Management Inc. increased its position in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 503.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 320,369 shares of the company’s stock after buying an additional 267,294 shares during the quarter. Envestnet Asset Management Inc. owned 0.83% of First Trust Cloud Computing ETF worth $18,511,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in SKYY. Arlington Capital Management Inc. acquired a new position in First Trust Cloud Computing ETF in the 1st quarter valued at approximately $17,397,000. Raymond James & Associates boosted its holdings in First Trust Cloud Computing ETF by 68.6% in the first quarter. Raymond James & Associates now owns 393,752 shares of the company’s stock valued at $22,684,000 after acquiring an additional 160,141 shares during the last quarter. Affinity Wealth Management LLC boosted its holdings in First Trust Cloud Computing ETF by 23.3% in the first quarter. Affinity Wealth Management LLC now owns 372,519 shares of the company’s stock valued at $21,461,000 after acquiring an additional 70,305 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its position in First Trust Cloud Computing ETF by 38.5% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 221,691 shares of the company’s stock valued at $12,772,000 after purchasing an additional 61,666 shares during the period. Finally, GWM Advisors LLC increased its position in First Trust Cloud Computing ETF by 560.2% during the 1st quarter. GWM Advisors LLC now owns 69,284 shares of the company’s stock valued at $65,000 after purchasing an additional 58,790 shares during the period.

First Trust Cloud Computing ETF stock traded up $0.78 during mid-day trading on Wednesday, hitting $58.12. 258,342 shares of the stock were exchanged, compared to its average volume of 262,436. The firm’s fifty day simple moving average is $57.47 and its two-hundred day simple moving average is $58.18. First Trust Cloud Computing ETF has a 12 month low of $45.36 and a 12 month high of $61.37.

Recommended Story: What is a resistance level?

Institutional Ownership by Quarter for First Trust Cloud Computing ETF (NASDAQ:SKYY)



Receive News & Ratings for First Trust Cloud Computing ETF Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for First Trust Cloud Computing ETF and related companies with MarketBeat.com’s FREE daily email newsletter.

(Excerpt) Read more Here | 2019-09-12 04:38:08
Image credit: source

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.