Geneos Wealth Management Inc. Has $244,000 Holdings in First Trust Cloud Computing ETF (NASDAQ:SKYY)

Geneos Wealth Management Inc. raised its stake in First Trust Cloud Computing ETF (NASDAQ:SKYY) by 7.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,556 shares of the company’s stock after acquiring an additional 169 shares during the quarter. Geneos Wealth Management Inc.’s holdings in First Trust Cloud Computing ETF were worth $244,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SKYY. Graypoint LLC boosted its stake in shares of First Trust Cloud Computing ETF by 10.1% in the 1st quarter. Graypoint LLC now owns 7,588 shares of the company’s stock valued at $725,000 after purchasing an additional 694 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of First Trust Cloud Computing ETF by 9.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 56,652 shares of the company’s stock valued at $5,416,000 after purchasing an additional 4,873 shares during the last quarter. Private Advisor Group LLC boosted its stake in shares of First Trust Cloud Computing ETF by 18.1% in the 1st quarter. Private Advisor Group LLC now owns 130,739 shares of the company’s stock valued at $12,499,000 after purchasing an additional 20,028 shares during the last quarter. North Star Investment Management Corp. bought a new position in shares of First Trust Cloud Computing ETF in the 1st quarter valued at about $59,000. Finally, Perigon Wealth Management LLC bought a new position in shares of First Trust Cloud Computing ETF in the 1st quarter valued at about $247,000.

First Trust Cloud Computing ETF Trading Down 0.1 %

Shares of NASDAQ SKYY opened at $95.39 on Friday. The firm has a market capitalization of $2.99 billion, a PE ratio of 33.21 and a beta of 1.06. First Trust Cloud Computing ETF has a 1 year low of $70.42 and a 1 year high of $97.78. The firm’s 50-day moving average is $93.70 and its 200-day moving average is $92.68.

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.