First Trust Global Wind Energy ETF (NYSEARCA:FAN) Shares Sold by Raymond James & Associates

Raymond James & Associates cut its stake in shares of First Trust Global Wind Energy ETF (NYSEARCA:FAN) by 11.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 28,692 shares of the company’s stock after selling 3,535 shares during the quarter. Raymond James & Associates owned approximately 0.20% of First Trust Global Wind Energy ETF worth $473,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. NBC Securities Inc. purchased a new position in shares of First Trust Global Wind Energy ETF in the 3rd quarter valued at about $41,000. Baker Avenue Asset Management LP purchased a new stake in shares of First Trust Global Wind Energy ETF during the 3rd quarter worth approximately $41,000. SRS Capital Advisors Inc. boosted its holdings in shares of First Trust Global Wind Energy ETF by 54.2% in the 3rd quarter. SRS Capital Advisors Inc. now owns 5,365 shares of the company’s stock valued at $78,000 after buying an additional 1,886 shares in the last quarter. Peregrine Asset Advisers Inc. purchased a new position in shares of First Trust Global Wind Energy ETF in the 3rd quarter valued at $159,000. Finally, Fifth Third Bancorp grew its position in shares of First Trust Global Wind Energy ETF by 25.8% in the 3rd quarter. Fifth Third Bancorp now owns 13,155 shares of the company’s stock valued at $191,000 after buying an additional 2,699 shares during the last quarter.

First Trust Global Wind Energy ETF Trading Up 0.7 %

Shares of FAN stock opened at $15.21 on Friday. The company has a market capitalization of $185.56 million, a P/E ratio of 13.75 and a beta of 1.04. The business’s 50 day moving average is $15.22 and its two-hundred day moving average is $15.10. First Trust Global Wind Energy ETF has a twelve month low of $13.21 and a twelve month high of $18.12.

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.