This is the “ombres” version of the Snuggly Wuggly Baby Sport yarn line. It has 360 yards/skein, while the solid version has 446 yards/skein.

From Michaels.com:

Comfortable and warm, Loops & Threads™ Snuggly Wuggly™ is the perfect choice for baby projects. It is 100% acrylic - easy to care and long wearing. This yarn is ideal for blankets, jackets, hats, and booties and it has a fantastic selection of colors.

Care Instructions:
Machine wash warm, gentle cycle.
Machine dry, low heat, delicate cycle.