Cloud Computing ETF Set to Open (SKYY)

July 6, 2011 9:12 AM EDT
The much-anticipated ETF for First Trust ISE Cloud Computing Index Fund (Nasdaq: SKYY) is now indicated to open.

The First Trust ISE Cloud Computing Index Fund is based on the ISE Cloud Computing™ Index. This index is a modified equal-dollar weighted index designed to track the performance of companies actively involved in the cloud computing industry.

Top 10 holdings:
Netflix (Nasdaq: NFLX)
RighNow (Nasdaq: RNOW)
Open Text (Nasdaq: OTEX)
Rackspace (NYSE: RAX)
TIBCO (Nasdaq: TIBX)
Informatica (Nasdaq: INFA0
Acme Packet (Nasdaq: APKT)
Teradata (Nasdaq: TDC)
Aruba Networks (Nasdaq: ARUN)
Equinex (Nasdaq: EQIX)


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