First Trust Cloud Computing ETFSKYY
SKYY
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
98% more call options, than puts
Call options by funds: $3.72M | Put options by funds: $1.88M
41% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 32
4% more funds holding
Funds holding: 344 [Q2] → 357 (+13) [Q3]
1.35% less ownership
Funds ownership: 50.6% [Q2] → 49.25% (-1.35%) [Q3]
6% less capital invested
Capital invested by funds: $1.51B [Q2] → $1.42B (-$90.3M) [Q3]
33% less funds holding in top 10
Funds holding in top 10: 3 [Q2] → 2 (-1) [Q3]
44% less repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 140
Research analyst outlook
We haven’t received any recent analyst ratings for SKYY.
Financial journalist opinion
Based on 3 articles about SKYY published over the past 30 days
Positive
CNBC
2 weeks ago
Tech stocks hit first all-time high since July
Technology stocks powered to new highs on Wednesday as the tech-heavy Nasdaq Composite rallied 1% and investors poured into key software and megacap players.
Neutral
Seeking Alpha
2 weeks ago
SKYY: Hard To Ignore, But Overvalued
First Trust Cloud Computing ETF offers exposure to cloud computing, with significant gains but high valuation metrics and volatility, leading to a "hold" rating. SKYY's portfolio includes major players like Amazon, Alphabet, and Microsoft, but its equal weighting limits the impact of these "blue chips." The cloud computing industry is expected to grow at a 20.3% CAGR until 2030, with SaaS dominating and IaaS growing fastest.
Neutral
Zacks Investment Research
3 weeks ago
Is First Trust Cloud Computing ETF (SKYY) a Strong ETF Right Now?
The First Trust Cloud Computing ETF (SKYY) made its debut on 05/27/2011, and is a smart beta exchange traded fund that provides broad exposure to the Technology ETFs category of the market.
Positive
Zacks Investment Research
1 month ago
What's in Store for Big Tech ETFs in Trump 2.0?
The Trump 2.0 era may boost tech stocks with eased antitrust policies and support for AI, though a trade war with China could negatively impact Apple and Tesla.
Positive
Zacks Investment Research
1 month ago
Cloud Computing ETFs That Won Past Month and Have More Room to Run
Most pure-play cloud computing ETFs like WCLD, SKYY and CLOU have generated solid returns in the past one month.
Neutral
Zacks Investment Research
2 months ago
Should You Invest in the First Trust Cloud Computing ETF (SKYY)?
Looking for broad exposure to the Technology - Cloud Computing segment of the equity market? You should consider the First Trust Cloud Computing ETF (SKYY), a passively managed exchange traded fund launched on 05/27/2011.
Neutral
Zacks Investment Research
2 months ago
Is First Trust Cloud Computing ETF (SKYY) a Strong ETF Right Now?
Designed to provide broad exposure to the Technology ETFs category of the market, the First Trust Cloud Computing ETF (SKYY) is a smart beta exchange traded fund launched on 05/27/2011.
Neutral
Zacks Investment Research
4 months ago
Should You Invest in the First Trust Cloud Computing ETF (SKYY)?
The First Trust Cloud Computing ETF (SKYY) was launched on 05/27/2011, and is a passively managed exchange traded fund designed to offer broad exposure to the Technology - Cloud Computing segment of the equity market.
Neutral
ETF Trends
4 months ago
The Forgotten Frontier? Revisiting Africa ETFs
ETFs have exploded in popularity over the last decade, accelerating rapidly since the so-called ETF rule arrived in 2019. All kinds of thematic ETFs have emerged for investors to consider.
Neutral
Zacks Investment Research
4 months ago
Is First Trust Cloud Computing ETF (SKYY) a Strong ETF Right Now?
Designed to provide broad exposure to the Technology ETFs category of the market, the First Trust Cloud Computing ETF (SKYY) is a smart beta exchange traded fund launched on 05/27/2011.
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