Cloud Computing ETF (SKYY) Trading Over $20/Share

July 6, 2011 11:25 AM EDT
The FirstTrust ISE Cloud Computing Index Fund (Nasdaq: SKYY) opened for trade Wednesday. The ETF is designed to track the performance of companies actively involved in the cloud computing industry.

The fund is made up of 40 stocks; some of the top holdings include: Netflix (Nasdaq: NFLX), Rightnow (Nasdaq: RNOW), Aruba Networks (Nasdaq: ARUN), OpenText (Nasdaq: OTEX) and TIBCO (Nasdaq: TIBX).

SKYY shares last traded at $20.17.


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