First Trust Global Wind Energy ETF (NYSEARCA:FAN) Stock Position Decreased by Cwm LLC

Cwm LLC cut its position in shares of First Trust Global Wind Energy ETF (NYSEARCA:FAN) by 24.1% in the first quarter, Holdings Channel reports. The firm owned 9,050 shares of the company’s stock after selling 2,876 shares during the period. Cwm LLC’s holdings in First Trust Global Wind Energy ETF were worth $136,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FAN. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of First Trust Global Wind Energy ETF in the 1st quarter valued at approximately $50,000. Envestnet Asset Management Inc. raised its position in shares of First Trust Global Wind Energy ETF by 7.5% in the fourth quarter. Envestnet Asset Management Inc. now owns 11,845 shares of the company’s stock valued at $175,000 after purchasing an additional 828 shares during the period. Two Sigma Securities LLC bought a new position in shares of First Trust Global Wind Energy ETF in the fourth quarter valued at approximately $182,000. Wealth Enhancement Advisory Services LLC bought a new position in shares of First Trust Global Wind Energy ETF in the fourth quarter valued at approximately $209,000. Finally, Oppenheimer Asset Management Inc. raised its position in shares of First Trust Global Wind Energy ETF by 12.2% in the first quarter. Oppenheimer Asset Management Inc. now owns 19,179 shares of the company’s stock valued at $288,000 after purchasing an additional 2,093 shares during the period.

First Trust Global Wind Energy ETF Stock Down 0.3%

NYSEARCA:FAN opened at $19.04 on Wednesday. First Trust Global Wind Energy ETF has a 12 month low of $13.51 and a 12 month high of $19.55. The firm has a market cap of $187.54 million, a price-to-earnings ratio of 19.71 and a beta of 0.88. The company’s 50 day moving average is $18.13 and its 200-day moving average is $16.26.

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.