Salesforce Rumors Sends Cloud ETF to Record High

The First Trust ISE Cloud Computing Index Fund (NasdaqGM: SKYY) rose just 0.16% yesterday, but that was enough for the lone cloud computing exchange traded fund to touch another record high on speculation that Salesforce.com (NYSE: CRM) is a potential takeover target. Shares of Salesforce, SKYY’s ninth-largest holding at a weight of 3.6%, surged 11.6% […]