|Bid||53.02 x 2200|
|Ask||55.33 x 1400|
|Day's Range||54.36 - 55.09|
|52 Week Range||38.88 - 55.41|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.60%|
The First Trust ISE Cloud Computing Index Fund (SKYY) is among the technology ETFs in rally mode. SKYY, the first and only ETF dedicated to cloud computing companies, gained more than 3% last week on its way to a series of all-time highs. SKYY tracks the ISE Cloud Computing Index, which “is a modified equal dollar weighted index designed to track the performance of companies actively involved in the cloud computing industry.
As recently as even a few years ago, the latest moves by Comcast Corporation (NASDAQ:CMCSA) would likely have been cheered by Wall Street, and Comcast stock was an easy choice. The cable company, which is increasingly a last-mile Internet service provider competing with AT&T Inc. (NYSE:T), is trying to buy both Sky plc (OTCMKTS:SKYYY) and the entertainment assets of 21st Century Fox (NASDAQ:FOXA) the Walt Disney Co (NYSE:DIS) previously negotiated a price on. It’s the kind of big money boardroom tussle analysts love, but analysts are waking up to the fact we live in a cloud-based world and are suddenly frightened of the debt Comcast would take on if these deals get done.
These high-flying ETFs might be unpopular choices due to lower AUM and average daily volume but focuses on ???niche strategies??? aimed at a single industry or a theme.
The technology sector was battling a number of headwinds arising from a slew of negative news from some of the key companies in the space. But the tide seems to be turning around following strong earnings, leading to an end to weeks of decline for the sector’s stocks.Source: Shutterstock
The First Trust ISE Cloud Computing Index Fund (NasdaqGM: SKYY) entered Monday with a year-to-date gain of more than 9%, one of the more impressive performances among technology industry exchange traded ...
Rapidly changing technology trends are transforming the way individuals and enterprises use the internet. Internxt’s goal is to improve internet security, privacy and efficiency by leveraging the use of decentralized and blockchain technology.
Dropbox, Inc. reportedly filed for a U.S. IPO with the help of Goldman Sachs Group and JPMorgan Chase & Co, as per sources. The file-sharing private company and other players associated with the apparently confidential IPO did not make any comments.
You don’t need me to tell you that technology was the best-performing sector in the S&P 500 last year. The Technology Select Sector SPDR (NYSEARCA:XLK), the largest technology ETF by assets, jumped 34.3% in 2017, easily topping the 21.7% returned by the broader market.
Key U.S. stock indexes sold off Wednesday as earnings reports continued and amid renewed talk about changes to 401(k) contribution limits.
With the technology sector ranking as the best-performing group in the S&P 500 this year, some focused strategies are delivering strong returns as well. Take the case of the First Trust ISE Cloud Computing ...
With the technology sector soaring this year, some investors are considering more tactical plays, such as the First Trust ISE Cloud Computing Index Fund (NasdaqGM: SKYY) . SKYY, the first and only exchange ...
ETFdb.com analyzes the search patterns of our visitors each week. By sharing these trends with our readers, we hope to provide insights into what the financial world is concerned about and how to position your portfolio.
Gone are the days when the First Trust Cloud Computing ETF (NASDAQ: SKYY ) was assailed as a niche fund, too narrowly focused to make it in the hyper-competitive world of exchange-traded funds. SKYY turned ...