Private Advisor Group LLC Trims Position in First Trust Global Wind Energy ETF (NYSEARCA:FAN)

Private Advisor Group LLC lessened its position in shares of First Trust Global Wind Energy ETF (NYSEARCA:FAN) by 9.1% in the third quarter, Holdings Channel reports. The fund owned 11,247 shares of the company’s stock after selling 1,132 shares during the quarter. Private Advisor Group LLC’s holdings in First Trust Global Wind Energy ETF were worth $203,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Cetera Investment Advisers boosted its stake in shares of First Trust Global Wind Energy ETF by 0.4% in the second quarter. Cetera Investment Advisers now owns 175,645 shares of the company’s stock worth $2,847,000 after acquiring an additional 703 shares during the period. Larson Financial Group LLC boosted its stake in shares of First Trust Global Wind Energy ETF by 123.1% in the second quarter. Larson Financial Group LLC now owns 5,146 shares of the company’s stock worth $83,000 after acquiring an additional 2,839 shares during the period. Oppenheimer Asset Management Inc. boosted its stake in shares of First Trust Global Wind Energy ETF by 21.7% in the second quarter. Oppenheimer Asset Management Inc. now owns 18,571 shares of the company’s stock worth $301,000 after acquiring an additional 3,308 shares during the period. Tsfg LLC bought a new position in shares of First Trust Global Wind Energy ETF in the third quarter worth about $99,000. Finally, Elwood & Goetz Wealth Advisory Group LLC bought a new position in shares of First Trust Global Wind Energy ETF in the second quarter worth about $171,000.

First Trust Global Wind Energy ETF Trading Down 1.2 %

Shares of First Trust Global Wind Energy ETF stock opened at $15.95 on Friday. The stock has a 50 day moving average of $17.19 and a 200 day moving average of $16.86. First Trust Global Wind Energy ETF has a 12 month low of $13.94 and a 12 month high of $18.15. The firm has a market cap of $190.60 million, a PE ratio of 14.08 and a beta of 1.03.

First Trust Global Wind Energy ETF 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.