Overview
Description
The First Trust Cloud Computing ETF is an exchange-traded fund aimed at providing investors with exposure to the rapidly expanding cloud computing sector. It primarily focuses on companies involved in various aspects of cloud technology, including infrastructure, platform services, and application software. Constituents of this ETF are carefully selected based on their cloud-focused business models, ensuring a comprehensive representation of this dynamic industry. As part of its diversified portfolio, the ETF includes a mix of well-established technology firms as well as smaller, innovative companies pushing the boundaries of cloud technology. First Trust Cloud Computing ETF plays a significant role in offering investors a targeted yet diversified access point to the cloud computing market, which has been influential in transforming how data is processed and stored globally. It allows investors to capitalize on the growth of a sector that continues to gain prominence as businesses and consumers increasingly rely on cloud-based solutions.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
Switzerland
MIC code
XSWX