First Trust Cloud Computing ETF (SKYY)Technology | Exchange Traded Fund | NasdaqGM
165.14 USD
-1.46
(-0.876%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 165.14 |
Hot Take ↕ | Aug. 22, 2026, 3:44 a.m. EDT
The First Trust Cloud Computing ETF is currently exhibiting a powerful divergence between its exceptional long-term business trajectory and short-term speculative fear. Fundamentally, the asset is a standout performer with a +266% cumulative gain over nine years and a flawless recent track record of eight consecutive years of positive growth, justifying a strong buy rating for investors with a multi-year horizon. However, the short-term outlook is clouded by a stark disconnect in options activity: while the underlying trend is up, speculators are pouring capital into deep out-of-the-money puts for October 2026, constructing a defensive wall at levels significantly lower than today's price. This suggests the market is pricing in a severe, perhaps unwarranted, correction in the near term. Despite this speculative overhang, the robust price momentum—trading well above both 50-day and 200-day averages—and the absence of any recent earnings deterioration keep the short-term rating high, though investors should be wary of the volatility implied by the heavy put buying. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.112328 |
| MSTL | 0.135676 |
| AutoETS | 0.146135 |
| AutoARIMA | 0.146137 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 42% |
| H-stat | 7.71 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.155 |
| Excess Kurtosis | -1.35 |
| Attribute | Value |
|---|---|
| Trailing P/E | 36.86 |
As of Aug. 22, 2026, 3:44 a.m. EDT: Speculators are positioning aggressively for downside protection in the October 2026 expiration, evidenced by massive open interest and volume spikes at deep out-of-the-money strikes ($75, $85, $115), creating a significant 'put wall' far below current prices. Conversely, call positioning remains relatively light and concentrated near the money, suggesting traders are hedging against a potential correction rather than betting on a continued parabolic rally. Implied volatility is elevated for these protective puts compared to the moderate levels seen in the near-term calls.
| Date | Dividend | Yield % |
|---|---|---|
| 2022-09-23 | 0.011 | 0.018128 |
| 2022-06-24 | 0.036 | 0.050237 |
| 2022-03-25 | 0.083 | 0.092841 |
| 2021-12-23 | 0.677 | 0.640189 |
| 2021-09-23 | 0.041 | 0.036864 |
| 2021-06-24 | 0.037 | 0.034988 |
| 2021-03-25 | 0.058 | 0.061617 |
| 2020-12-24 | 0.044 | 0.045422 |
| 2020-09-24 | 0.041 | 0.054406 |
| 2020-06-25 | 0.044 | 0.059661 |
| 2020-03-26 | 0.037 | 0.066368 |
| 2019-12-13 | 0.052 | 0.087146 |
| 2019-09-25 | 0.046 | 0.080504 |
| 2019-06-14 | 0.111 | 0.192274 |
| 2019-03-21 | 0.117 | 0.199285 |
| 2018-12-28 | 0.278 | 0.579529 |
| 2018-12-18 | 0.044 | 0.089376 |
| 2018-09-14 | 0.042 | 0.074113 |
| 2018-06-21 | 0.050 | 0.091291 |
| 2018-03-22 | 0.045 | 0.091519 |
| 2017-12-21 | 0.014 | 0.030428 |
| 2017-09-21 | 0.025 | 0.060241 |
| 2017-06-22 | 0.049 | 0.121800 |
| 2017-03-23 | 0.034 | 0.088842 |
| 2016-12-21 | 0.029 | 0.082316 |
| 2016-09-21 | 0.024 | 0.070922 |
| 2016-06-22 | 0.042 | 0.137165 |
| 2016-03-23 | 0.026 | 0.090121 |
| 2015-12-23 | 0.061 | 0.201987 |
| 2015-09-23 | 0.018 | 0.063269 |
| 2015-06-24 | 0.034 | 0.111769 |
| 2015-03-25 | 0.009 | 0.030938 |
| 2014-12-23 | 0.031 | 0.106970 |
| 2014-09-23 | 0.006 | 0.021938 |
| 2014-06-24 | 0.010 | 0.037272 |
| 2012-12-21 | 0.003 | 0.014993 |
| 2011-12-21 | 0.014 | 0.083086 |
| Attribute | Value |
|---|---|
| All Time High | 169.05 |
| All Time Low | 15.01 |
| Ask | 160.15 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 227,980 |
| Average Daily Volume3 Month | 334,603 |
| Average Volume | 334,603 |
| Average Volume10Days | 227,980 |
| Beta3 Year | 1.29 |
| Bid | 150.35 |
| Bid Size | 1 |
| Category | Technology |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 167.64 |
| Day Low | 165.075 |
| Dividend Date | 1,483,056,000 |
| Dividend Yield | 0.0 |
| Eps Trailing Twelve Months | 4.480718 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 145.1646 |
| Fifty Day Average Change | 19.975403 |
| Fifty Day Average Change Percent | 0.13760519 |
| Fifty Two Week Change Percent | 30.949175 |
| Fifty Two Week High | 169.05 |
| Fifty Two Week High Change | -3.9100037 |
| Fifty Two Week High Change Percent | -0.023129273 |
| Fifty Two Week Low | 103.76 |
| Fifty Two Week Low Change | 61.379997 |
| Fifty Two Week Low Change Percent | 0.5915574 |
| Fifty Two Week Range | 103.76 - 169.05 |
| First Trade Date Milliseconds | 1,309,959,000,000 |
| Five Year Average Return | 0.0906773 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | -1.46001 |
| Fullday Change Percent | -0.876355 |
| Fullday Price | 165.14 |
| Fund Family | First Trust |
| Fund Inception Date | 1,309,824,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the index. The index is designed to track the performance of companies involved in the cloud computing industry. |
| Long Name | First Trust Cloud Computing ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_137072116 |
| Nav Price | 166.62 |
| Net Assets | 2,845,104,380.0 |
| Net Expense Ratio | 0.6 |
| Open | 166.43 |
| Phone | 630-241-4141 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 165.14 |
| Post Market Time | 1,787,959,804 |
| Previous Close | 166.6 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -1.46001 |
| Regular Market Change Percent | -0.876355 |
| Regular Market Day High | 167.64 |
| Regular Market Day Low | 165.075 |
| Regular Market Day Range | 165.075 - 167.64 |
| Regular Market Open | 166.43 |
| Regular Market Previous Close | 166.6 |
| Regular Market Price | 165.14 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 244,643 |
| Short Name | First Trust Cloud Computing ETF |
| Source Interval | 15 |
| Symbol | SKYY |
| Three Year Average Return | 0.2946762 |
| Total Assets | 2,845,104,384 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 36.855698 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 20.32486 |
| Trailing Three Month Returns | 20.32486 |
| Triggerable | 1 |
| Two Hundred Day Average | 128.8553 |
| Two Hundred Day Average Change | 36.2847 |
| Two Hundred Day Average Change Percent | 0.2815926 |
| Type Disp | ETF |
| Volume | 244,643 |
| Yield | 0.0 |
| Ytd Return | 9.90084 |