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Envestnet Asset Management Inc. bought a new position in First Trust Cloud Computing ETF (NASDAQ:SKYY) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 13,097 shares of the company’s stock, valued at approximately $743,000.

A number of other hedge funds also recently modified their holdings of SKYY. Bank of America Corp DE grew its position in First Trust Cloud Computing ETF by 3.0% during the second quarter. Bank of America Corp DE now owns 10,181,811 shares of the company’s stock valued at $541,469,000 after buying an additional 292,202 shares during the period. Morgan Stanley grew its position in shares of First Trust Cloud Computing ETF by 25.1% in the second quarter. Morgan Stanley now owns 907,893 shares of the company’s stock valued at $48,282,000 after purchasing an additional 181,877 shares during the period. Aviance Capital Management LLC grew its position in shares of First Trust Cloud Computing ETF by 623.2% in the second quarter. Aviance Capital Management LLC now owns 141,777 shares of the company’s stock valued at $7,540,000 after purchasing an additional 122,172 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its position in shares of First Trust Cloud Computing ETF by 345.7% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 126,492 shares of the company’s stock valued at $7,175,000 after purchasing an additional 98,110 shares during the period. Finally, Wells Fargo & Company MN boosted its position in First Trust Cloud Computing ETF by 17.9% during the third quarter. Wells Fargo & Company MN now owns 562,221 shares of the company’s stock worth $31,889,000 after acquiring an additional 85,543 shares during the last quarter.

SKYY stock traded up $0.46 during trading on Friday, reaching $52.67. 428,537 shares of the stock were exchanged, compared to its average volume of 285,945. First Trust Cloud Computing ETF has a 1 year low of $44.10 and a 1 year high of $57.07.

The firm also recently disclosed a special dividend, which was paid on Friday, January 4th. Investors of record on Monday, December 31st were issued a $0.2782 dividend. This represents a dividend yield of 0.36%. The ex-dividend date of this dividend was Friday, December 28th.

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



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(Excerpt) Read more Here | 2019-01-18 23:40:29
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