Name of ETF: First Trust ISE Cloud Computing Index Fund
Benchmark Index: ISE Cloud Computing Index
Ticker Symbol: SKYY
Approximate Number of Stocks in this ETF: 40
Types of Stocks Included in this ETF: Publicly traded companies in the cloud computing industry. These companies can either provide direct services, goods or utilize/support cloud computing technology.
Examples of Publicly Traded Cloud Computing Companies Include:
- Netflix
- Brightcove Inc.
- Amazon
- Red Hat
- Juniper Networks
Industries with the Most Representation: The types of companies that have the most representation (largest weight) in this ETF historically have been:
- Software
- Internet Software & Services
- Communications Equipment
- Technology Hardware, Storage & Peripherals
Individual Company Weight: This ETF is diversified with no one company representing a significant percentage of the ETF.
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