First Trust Cloud Computing ETF (SKYY)
| Assets | $3.56B |
| Expense Ratio | 0.60% |
| PE Ratio | 27.68 |
| Forward PE | 23.38 |
| Shares Out | 20.70M |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| Volume | 241,846 |
| Open | 163.31 |
| Previous Close | 167.42 |
| Day's Range | 157.52 - 163.31 |
| 52-Week Low | 103.76 |
| 52-Week High | 175.81 |
| Beta | 1.27 |
| Holdings | 67 |
| Inception Date | Jul 5, 2011 |
About SKYY
Fund Home PageThe 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 issued by First Trust.
Top 10 Holdings
34.20% of assets| Name | Symbol | Weight |
|---|---|---|
| Everpure, Inc. | P | 5.01% |
| International Business Machines Corporation | IBM | 3.75% |
| Microsoft Corporation | MSFT | 3.55% |
| Nutanix, Inc. | NTNX | 3.50% |
| Arista Networks, Inc. | ANET | 3.20% |
| Amazon.com, Inc. | AMZN | 3.19% |
| Oracle Corporation | ORCL | 3.18% |
| DigitalOcean Holdings, Inc. | DOCN | 3.07% |
| Netskope, Inc. | NTSK | 2.91% |
| Alphabet Inc. | GOOGL | 2.84% |
Performance
SKYY had a total return of 13.54% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.75%.
News
SaaS-pocalypse Reversal? AI Memory Chips Slide, Software Finds Strength
In a reversal from the SaaS-pocalypse, software is finding strength while AI memory names like Micron (MU) and SanDisk (SNDK) are selling off. Kevin Hincks explains how this all plays into the big pic...
Hot tech stock ETFs, from AI to quantum computing, have made investors lots of money. Is it time to sell?
Thematic ETFs tied to trends like artificial intelligence and quantum computing have drawn billions in new money into the market, and the portfolios have been rewarding investors with big gains. But E...
Investors look to software companies over semiconductors, here's why
CNBC's Deirdre Bosa reports on the setup for technology stocks in September.
Cloud stocks face double-digit losses
CNBC's Frank Holland joins 'TechCheck' to discuss cloud stocks crashing after the Fed's remarks, increased spending in cloud and what cloud companies could be hurt most from the stock downturn.
Macro trend highlights businesses transitioning to cloud-based infrastructure
CNBC's Frank Holland joins 'TechCheck' to discuss the trend of businesses upgrading to cloud, cloud ETFs dipping near session lows, and the growth potential of cloud providers.
First Trust Cloud Computing ETF (SKYY) hits all-time highs
First Trust Cloud Computing ETF (SKYY) hit record highs in Tuesday's trading session. Kristina Partsinevelos joins 'Power Lunch' to discuss which companies inside the ETF are performing the best and w...
First Trust Cloud Competing Group ETF up 35% from a year ago
CNBC's Mike Santoli takes a look at the First Trust Cloud Comp ETF and highlights business software company SAP's stock.
As thematic investing grows, these ETFs could win out: Market analysts
Jay Jacobs of Global X ETFs, Todd Rosenbluth of CFRA Research and Anna Paglia of Invesco discuss the thematic ETFs that could dominate in the new year and under a Biden administration.
Pandemic-era plays win even as business cycle bets move forward
Exchange-traded funds linked to working and shopping from home strategies rallied Thursday even as the broader market continued to make more conventional bets on an economic recovery. Broad sector bet...
Cloud stocks soar as Workday gets an upgrade. One chart suggests more gains for the group
Cloud stocks are "setting up for outperformance into the end of the year" based on a key chart, says Miller Tabak's Matt Maley.
Tech sell-off slams big ETFs
The tech rout battered the stock market for a third day Monday, with the Technology Select Sector SPDR Fund XLK, -2.65% down 2.9% at midday, second only to energy for losses among the exchange traded ...
The Ratings Game: Cloud software propels tech stocks higher ahead of big week for earnings
Cloud-software stocks led a tech rally Monday as analysts anticipated a strong showing from Microsoft Corp.
3 Top Tech ETFs Set To Outperform Despite The Covid-19 Economic Slowdown
Technology continues to lead the markets higher. ETF expert Jim Woods, a contributor to MoneyShow.com and editor of In the Woods, highlights 3 tech funds that are well positioned for gains despite the...
Cloud ETFs are all the rage as more people work from home
The outlook for cloud computing companies is ironically sunny.
ETF issuers begin to embrace 'stay-at-home' theme — here are analysts' top picks
Tom Lydon, CEO of ETF Trends and ETF Database, Todd Rosenbluth, senior director of ETF and mutual fund research at CFRA Research, and Jason Bloom, director of global macro ETF strategy at Invesco, tal...
The Ratings Game: Cloud stocks rise as Salesforce touches new high, cybersecurity rallies on Iran concerns
Cloud-computing and cybersecurity stocks outperformed broader indexes Monday as shares of Salesforce.com Inc.
Cloud-software stocks weather harsh start to December amid tech-spending concerns
Cloud-based enterprise stocks led the software sector lower during a broader selloff Monday, as businesses wait for signs of more economic certainty before parting with their IT bucks.
Final Trades: Blackstone, Tilray, FedEx & more
The "Halftime Report" traders give their top stocks to watch for the second half.
Sum Up The Parts: The First Trust Cloud Computing ETF Could Be Worth $68
For the First Trust Cloud Computing ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $68.07 per unit.
Implied First Trust Cloud Computing ETF Analyst Target Price: $68
For the First Trust Cloud Computing ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $68.26 per unit.
Surprising Analyst 12-Month Target For The First Trust Cloud Computing ETF
For the First Trust Cloud Computing ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $65.21 per unit.