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SKYY Share Price Performance

US$133.03
19.65 (17.33%)
US$133.03
19.65 (17.33%)
Price US$133.03

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Snowflake Analysis

Weak fundamentals or lack of information.

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First Trust Exchange-Traded Fund II - First Trust Cloud Computing ETF Key Details

US$0

Revenue

US$0

Cost of Revenue

US$0

Gross Profit

US$0

Other Expenses

US$0

Earnings

Last Reported Earnings
n/a
Next Reporting Earnings
n/a
0
0%
0%
0%
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About SKYY

Founded
2011
Employees
n/a
CEO
n/a
WebsiteView website
www.ftportfolios.com/retail/etf/etfsummary.aspx?Ticker=SKYY

First Trust Exchange-Traded Fund II - First Trust Cloud Computing ETF is an exchange traded fund launched and managed by First Trust Advisors LP. The fund invests in public equity markets. It invests in stocks of companies operating across information technology, software and services, IT services, internet services and infrastructure, infrastructure services, data management, data storage services, technology hardware and equipment, technology hardware, storage and peripherals, data storage, companies that deliver a platform for the creation of software in the form of virtualization, middleware, and/or operating systems, which is then delivered over the internet, companies that deliver software applications over the internet enabling other companies to conduct their operations using the application sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the ISE CTA Cloud Computing Index, by using full replication technique. First Trust Exchange-Traded Fund II - First Trust Cloud Computing ETF was formed on July 5, 2011 and is domiciled in the United States.

Recent SKYY News & Updates

Seeking Alpha Oct 13

SKYY: Cloud Investing Made Simple With One ETF

Summary The First Trust Cloud Computing ETF uses a unique score-based system for stock selection, emphasizing operational presence in cloud segments over market cap. SKYY has delivered strong long-term returns, outperforming peer cloud ETFs since 2019, but exhibits high volatility and lacks dividend payouts. The ETF underperforms broader tech benchmarks like QQQ and offers little to no exposure to leading AI stocks such as NVDA and AMD. SKYY suits investors bullish on cloud growth and seeking momentum, but its steep valuation and volatility may deter risk-averse or income-focused investors. Read the full article on Seeking Alpha
Seeking Alpha Mar 13

SKYY: Cloud Computing Isn't Going Away

Summary 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. SKYY appears to have a negative ERP overall, similar to the tech sector, making a strong ETF recovery fundamentally unlikely. The same applies to the forward earnings yield: while it is a relatively new phenomenon in recent decades, it is not unprecedented. In my view, demand for U.S. equities could overlook this factor. Read the full article on Seeking Alpha
Seeking Alpha Dec 03

SKYY: Hard To Ignore, But Overvalued

Summary 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. High valuation metrics and no dividend, coupled with industry risk and volatility, make SKYY a cautious investment despite its potential. Read the full article on Seeking Alpha

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