First Trust Global Wind Energy ETF (NYSEARCA:FAN) Shares Sold by Picton Mahoney Asset Management

Picton Mahoney Asset Management lessened its stake in First Trust Global Wind Energy ETF (NYSEARCA:FAN) by 77.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 2,000 shares of the company’s stock after selling 7,000 shares during the period. Picton Mahoney Asset Management’s holdings in First Trust Global Wind Energy ETF were worth $30,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Raymond James Financial Inc. purchased a new position in First Trust Global Wind Energy ETF in the 4th quarter valued at approximately $513,000. Wealth Enhancement Advisory Services LLC purchased a new position in First Trust Global Wind Energy ETF in the 4th quarter valued at approximately $181,000. Stifel Financial Corp boosted its position in First Trust Global Wind Energy ETF by 7.0% in the 3rd quarter. Stifel Financial Corp now owns 79,551 shares of the company’s stock valued at $1,435,000 after buying an additional 5,190 shares during the period. SRS Capital Advisors Inc. boosted its position in First Trust Global Wind Energy ETF by 9.5% in the 4th quarter. SRS Capital Advisors Inc. now owns 47,754 shares of the company’s stock valued at $707,000 after buying an additional 4,150 shares during the period. Finally, Hager Investment Management Services LLC purchased a new position in First Trust Global Wind Energy ETF in the 4th quarter valued at approximately $41,000.

First Trust Global Wind Energy ETF Stock Up 2.5 %

Shares of FAN stock opened at $16.03 on Tuesday. First Trust Global Wind Energy ETF has a 52 week low of $14.30 and a 52 week high of $18.15. The stock has a market capitalization of $141.06 million, a PE ratio of 18.83 and a beta of 0.93. The firm has a 50 day moving average of $14.98 and a two-hundred day moving average of $15.90.

First Trust Global Wind Energy ETF Company Profile

First Trust ISE Global Wind Energy Index Fund is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, of an equity index called the ISE Global Wind Energy Index. The Fund will normally invest at least 90% of its net assets (plus the amount of any borrowings for investment purposes) in common stocks that comprise the Index or in depositary receipts that may include American depositary receipts (ADRs), global depositary receipts (GDRs), European depositary receipts (EDRs) or other depositary receipts (collectively, Depositary Receipts) representing securities in the Index.