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Launched on May 27, 2011, the First Trust Cloud Computing ETF (SKYY) is a passively managed exchange traded fund designed to provide a broad exposure to the Technology - Cloud Computing segment of the equity market.
RFG Advisory LLC decreased its holdings in shares of First Trust Cloud Computing ETF (NASDAQ: SKYY) by 28.5% in the undefined quarter, according to its most recent Form 13F filing with the SEC. The firm owned 8,184 shares of the company's stock after selling 3,255 shares during the period. RFG Advisory LLC's holdings
Cloud Computing Is Booming on AI Demand. Explore 4 Cloud ETFs Poised to Benefit From Surging Infrastructure Spending.
Cloud computing is booming on AI demand. Explore four cloud ETFs poised to benefit from surging infrastructure spending.
First Trust Cloud Computing ETF (SKYY) provides diversified exposure to cloud infrastructure, software, AI, and digital transformation, avoiding heavy Magnificent Seven concentration. SKYY benefits from secular trends: AI adoption, cloud migration, hyperscaler capex, and data center investments, positioning for multi-year growth. The ETF trades at a P/E of 20.59x, below the Nasdaq, with a strong earnings and cash flow growth track record, but carries higher volatility and premium multiples.
Artificial intelligence has fueled one of the strongest stock market rallies in recent years, with semiconductor companies leading much of the market's gains in 2026.
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 May 27, 2011.
QuantRate launches its Free AI Trading Bot as technology ETFs attract strong capital inflows, helping investors identify institutional-grade market signals, analyze fund flows, and develop smarter investment strategies. QuantRate launches its Free AI Trading Bot as technology ETFs attract strong capital inflows, helping investors identify institutional-grade market signals, analyze fund flows, and develop smarter investment strategies.