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Private Advisory Group LLC bought a new position in First Trust Cloud Computing ETF (NASDAQ:SKYY) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,524 shares of the company’s stock, valued at approximately $268,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. grew its stake in First Trust Cloud Computing ETF by 345.7% during 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 acquiring an additional 98,110 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in First Trust Cloud Computing ETF by 35.5% during the third quarter. Commonwealth Equity Services LLC now owns 51,100 shares of the company’s stock valued at $2,898,000 after purchasing an additional 13,375 shares during the last quarter. TTP Investments Inc. lifted its position in First Trust Cloud Computing ETF by 7.3% during the third quarter. TTP Investments Inc. now owns 81,796 shares of the company’s stock valued at $4,639,000 after purchasing an additional 5,552 shares during the last quarter. Sequoia Wealth Management LLC lifted its position in First Trust Cloud Computing ETF by 18.4% during the third quarter. Sequoia Wealth Management LLC now owns 15,173 shares of the company’s stock valued at $863,000 after purchasing an additional 2,361 shares during the last quarter. Finally, Concentrum Wealth Management bought a new position in First Trust Cloud Computing ETF during the fourth quarter valued at $950,000.

SKYY stock traded up $0.01 during trading on Friday, hitting $55.84. 214,789 shares of the company’s stock traded hands, compared to its average volume of 287,663. First Trust Cloud Computing ETF has a 52 week low of $45.36 and a 52 week high of $57.50.

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Further Reading: The Structure of a Futures Contract

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

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