SKYY stock forecast, quote, news & analysis

The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOGL), Oracle Corp (NYSE:ORCL), Salesforce (NYSE:CRM), Adobe (NASDAQ:ADBE), Cisco Systems (NASDAQ:CSCO), International Business Machines Corp (NYSE:IBM), Intuit (NASDAQ:INTU), SERVICENOW (NYSE:NOW).

The investment seeks investment results that correspond generally to the price and yield of an equity index called the ISE CTA Cloud Computing Index TM. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the index. The index is designed to track the performance of companies involved in the cloud computing industry.

The average market capitalization across the First Trust Cloud Computing ETF ETF is 157.56B. The market cap for tickers in the group ranges from 552.13M to 3.15T. MSFT holds the highest valuation in this group at 3.15T. The lowest valued company is EB at 552.13M.

The average weekly price growth across all stocks in the First Trust Cloud Computing ETF ETF was 2%. For the same ETF, the average monthly price growth was 15%, and the average quarterly price growth was 27%. SNOW experienced the highest price growth at 33%, while LUMN experienced the biggest fall at -9%.

The average weekly volume growth across all stocks in the First Trust Cloud Computing ETF ETF was 41%. For the same stocks of the ETF, the average monthly volume growth was 92% and the average quarterly volume growth was 78%