First Trust Exchange-Traded Fund II - First Trust Cloud Computing ETF is an exchange traded fund launched and managed by First Trust Advisors LP. The fund invests in public equity markets. It invests in stocks of companies operating across information technology, software and services, IT services, internet services and infrastructure, infrastructure services, data management, data storage services, technology hardware and equipment, technology hardware, storage and peripherals, data storage, companies that deliver a platform for the creation of software in the form of virtualization, middleware, and/or operating systems, which is then delivered over the internet, companies that deliver software applications over the internet enabling other companies to conduct their operations using the application sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the ISE CTA Cloud Computing Index, by using full replication technique. First Trust Exchange-Traded Fund II - First Trust Cloud Computing ETF was formed on July 5, 2011 and is domiciled in the United States.