First Trust Cloud Computing ETFSKYY
SKYY
0
Funds holding %
of 7,407 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
208% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 24
50% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 3 (+1) [Q4]
25% more capital invested
Capital invested by funds: $1.43B [Q3] → $1.78B (+$353M) [Q4]
12% more funds holding
Funds holding: 361 [Q3] → 403 (+42) [Q4]
0.31% less ownership
Funds ownership: 49.29% [Q3] → 48.98% (-0.31%) [Q4]
9% less repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 120
65% less call options, than puts
Call options by funds: $3.62M | Put options by funds: $10.5M
Research analyst outlook
We haven’t received any recent analyst ratings for SKYY.
Financial journalist opinion
Neutral
Zacks Investment Research
2 weeks ago
Is First Trust Cloud Computing ETF (SKYY) a Strong ETF Right Now?
Making its debut on 05/27/2011, smart beta exchange traded fund First Trust Cloud Computing ETF (SKYY) provides investors broad exposure to the Technology ETFs category of the market.
Negative
Seeking Alpha
1 month ago
SKYY: Cloud Computing Isn't Going Away
SKYY has better performance and higher standard deviation than its competitors, but in my view, a well-balanced allocation of holdings. Pessimism prevails as the SKYY ETF plunges nearly 20% from its highs. The ETF price returns to the 200-day moving average, indicating a potential bottom zone. RSI and volume analysis seem to confirm.
Neutral
Zacks Investment Research
1 month 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.
Positive
Zacks Investment Research
3 months ago
6 Tech ETFs That Are Up At Least 40% in 2024
Artificial Intelligence, Cryptocurrency and Fintech have pulled the strings of the tech boom this year.
Neutral
Zacks Investment Research
3 months ago
Should You Invest in the First Trust Cloud Computing ETF (SKYY)?
Designed to provide broad exposure to the Technology - Cloud Computing segment of the equity market, the First Trust Cloud Computing ETF (SKYY) is a passively managed exchange traded fund launched on 05/27/2011.
Positive
CNBC
4 months 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
4 months 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
4 months 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
5 months 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.
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