18,820 Shares in First Trust Global Wind Energy ETF (NYSEARCA:FAN) Bought by International Assets Investment Management LLC

International Assets Investment Management LLC bought a new stake in First Trust Global Wind Energy ETF (NYSEARCA:FAN) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 18,820 shares of the company’s stock, valued at approximately $310,000. International Assets Investment Management LLC owned approximately 0.13% of First Trust Global Wind Energy ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. NBC Securities Inc. acquired a new position in shares of First Trust Global Wind Energy ETF during the 3rd quarter worth approximately $41,000. Baker Avenue Asset Management LP bought a new stake in First Trust Global Wind Energy ETF during the third quarter worth $41,000. SRS Capital Advisors Inc. lifted its stake in First Trust Global Wind Energy ETF by 54.2% in the third quarter. SRS Capital Advisors Inc. now owns 5,365 shares of the company’s stock valued at $78,000 after acquiring an additional 1,886 shares during the last quarter. Peregrine Asset Advisers Inc. bought a new position in shares of First Trust Global Wind Energy ETF in the 3rd quarter valued at about $159,000. Finally, Fifth Third Bancorp increased its stake in shares of First Trust Global Wind Energy ETF by 25.8% during the 3rd quarter. Fifth Third Bancorp now owns 13,155 shares of the company’s stock worth $191,000 after purchasing an additional 2,699 shares during the last quarter.

First Trust Global Wind Energy ETF Stock Up 0.7 %

NYSEARCA:FAN opened at $15.21 on Friday. First Trust Global Wind Energy ETF has a 12-month low of $13.21 and a 12-month high of $18.12. The stock’s 50 day moving average price is $15.22 and its two-hundred day moving average price is $15.10. The firm has a market capitalization of $185.56 million, a price-to-earnings ratio of 13.75 and a beta of 1.04.

About First Trust Global Wind Energy ETF

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.