MML Investors Services LLC increased its stake in shares of First Trust Cloud Computing ETF (NASDAQ:SKYY) by 50.5% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 217,446 shares of the company’s stock after buying an additional 72,962 shares during the period. MML Investors Services LLC’s holdings in First Trust Cloud Computing ETF were worth $12,564,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. AdvisorNet Financial Inc increased its holdings in First Trust Cloud Computing ETF by 5.8% in the 2nd quarter. AdvisorNet Financial Inc now owns 4,202 shares of the company’s stock worth $243,000 after acquiring an additional 230 shares during the last quarter. Reitz Capital Advisors LLC raised its position in shares of First Trust Cloud Computing ETF by 3.5% in the second quarter. Reitz Capital Advisors LLC now owns 7,297 shares of the company’s stock valued at $422,000 after purchasing an additional 245 shares during the period. National Asset Management Inc. lifted its stake in shares of First Trust Cloud Computing ETF by 7.5% during the 2nd quarter. National Asset Management Inc. now owns 4,437 shares of the company’s stock valued at $257,000 after buying an additional 311 shares in the last quarter. Willingdon Wealth Management lifted its stake in shares of First Trust Cloud Computing ETF by 10.7% during the 1st quarter. Willingdon Wealth Management now owns 3,220 shares of the company’s stock valued at $186,000 after buying an additional 312 shares in the last quarter. Finally, First Republic Investment Management Inc. lifted its stake in shares of First Trust Cloud Computing ETF by 2.5% during the 2nd quarter. First Republic Investment Management Inc. now owns 13,389 shares of the company’s stock valued at $774,000 after buying an additional 323 shares in the last quarter.

SKYY traded up $0.70 on Wednesday, hitting $58.04. The company’s stock had a trading volume of 1,469 shares, compared to its average volume of 262,460. First Trust Cloud Computing ETF has a 12 month low of $45.36 and a 12 month high of $61.37. The company’s 50 day simple moving average is $57.49 and its 200-day simple moving average is $58.17.

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

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