First Trust Cloud Computing ETF (SKYY) Forms $48.13 Double Top; Ecopetrol S.A. (EC) Covered By 2 Bullish Analysts Last Week

First Trust Cloud Computing ETF (SKYY) formed double top with $51.02 target or 6.00% above today’s $48.13 share price. First Trust Cloud Computing ETF (SKYY) has $1.50B valuation. The ETF decreased 1.17% or $0.57 during the last trading session, reaching $48.13. About 47,270 shares traded. First Trust Cloud Computing ETF (NASDAQ:SKYY) has risen 33.25% since March 2, 2017 and is uptrending. It has outperformed by 16.55% the S&P500.

Among 8 analysts covering Ecopetrol (NYSE:EC), 2 have Buy rating, 3 Sell and 3 Hold. Therefore 25% are positive. Ecopetrol had 14 analyst reports since August 12, 2015 according to SRatingsIntel. The rating was downgraded by Morgan Stanley on Wednesday, May 31 to “Equal-Weight”. The firm has “Hold” rating by J.P. Morgan given on Wednesday, October 25. The firm earned “Sell” rating on Wednesday, August 12 by Deutsche Bank. The rating was downgraded by Citigroup on Monday, February 5 to “Sell”. The stock has “Underperform” rating by Raymond James on Tuesday, November 28. The firm has “Buy” rating given on Wednesday, December 7 by Deutsche Bank. The stock has “Hold” rating by Deutsche Bank on Tuesday, March 8. The firm earned “Hold” rating on Friday, September 9 by Tudor Pickering. The firm has “Hold” rating given on Wednesday, December 6 by Citigroup. As per Wednesday, October 25, the company rating was upgraded by JP Morgan. See Ecopetrol S.A. (NYSE:EC) latest ratings:

20/02/2018 Broker: JP Morgan Old Rating: Underweight New Rating: Underweight Old Target: $9.3 New Target: $12 Maintain
05/02/2018 Broker: Citigroup Rating: Sell Downgrade
06/12/2017 Broker: Citigroup Rating: Hold New Target: $12.0 Upgrade
28/11/2017 Broker: Raymond James Old Rating: Market Perform New Rating: Underperform Downgrade
25/10/2017 Broker: JP Morgan Old Rating: Underweight New Rating: Neutral Upgrade
25/10/2017 Broker: J.P. Morgan Rating: Hold New Target: $9.3 Upgrade

Investors sentiment increased to 1.31 in 2017 Q3. Its up 0.43, from 0.88 in 2017Q2. It increased, as 10 investors sold Ecopetrol S.A. shares while 26 reduced holdings. 19 funds opened positions while 28 raised stakes. 38.42 million shares or 2.62% less from 39.45 million shares in 2017Q2 were reported. Pacad Investment Ltd holds 0.02% or 10,500 shares in its portfolio. 1.50 million were reported by Dimensional Fund Advsr Lp. Dnb Asset Management As has invested 0.01% in Ecopetrol S.A. (NYSE:EC). Ellington Management Grp Lc stated it has 0.02% in Ecopetrol S.A. (NYSE:EC). Arrowstreet Partnership reported 157,000 shares or 0% of all its holdings. World Asset Mgmt Incorporated reported 120,769 shares. Fil Ltd holds 0% or 16,452 shares in its portfolio. Comerica Fincl Bank has 110,510 shares. Northern Tru Corporation reported 233,454 shares. Conning stated it has 0% of its portfolio in Ecopetrol S.A. (NYSE:EC). Renaissance Techs Ltd Liability Corp owns 7.12M shares. Northwestern Mutual Wealth holds 700 shares or 0% of its portfolio. Aperio Gp Inc Ltd Company accumulated 247,933 shares. Royal Natl Bank Of Canada invested in 0% or 3,402 shares. Barclays Public Limited Liability has 154,100 shares.

Ecopetrol S.A. operates as an integrated oil company. The company has market cap of $30.29 billion. It operates through three divisions: Exploration and Production; Transport and Logistics; and Refining, Petrochemical and Biofuels. It has a 15.53 P/E ratio. The firm produces crude gas and oil; and engages in the extraction, collection, treatment, storage and pumping, or compression of hydrocarbons.

The stock decreased 0.93% or $0.16 during the last trading session, reaching $17.08. About 90,517 shares traded. Ecopetrol S.A. (NYSE:EC) has risen 7.58% since March 2, 2017 and is uptrending. It has underperformed by 9.12% the S&P500.