Wealth Enhancement Advisory Services LLC Acquires Shares of 14,130 First Trust Global Wind Energy ETF (NYSEARCA:FAN)

Wealth Enhancement Advisory Services LLC acquired a new stake in First Trust Global Wind Energy ETF (NYSEARCA:FAN) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 14,130 shares of the company’s stock, valued at approximately $209,000. Wealth Enhancement Advisory Services LLC owned about 0.16% of First Trust Global Wind Energy ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FAN. Envestnet Asset Management Inc. raised its holdings in 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 worth $175,000 after purchasing an additional 828 shares in the last quarter. Two Sigma Securities LLC purchased a new stake in shares of First Trust Global Wind Energy ETF during the fourth quarter valued at $182,000. Raymond James Financial Inc. bought a new position in First Trust Global Wind Energy ETF in the fourth quarter valued at about $513,000. SRS Capital Advisors Inc. lifted its holdings in First Trust Global Wind Energy ETF by 9.5% in the fourth quarter. SRS Capital Advisors Inc. now owns 47,754 shares of the company’s stock valued at $707,000 after acquiring an additional 4,150 shares during the period. Finally, Stifel Financial Corp raised its stake in shares of First Trust Global Wind Energy ETF by 6.0% in the fourth quarter. Stifel Financial Corp now owns 84,337 shares of the company’s stock worth $1,248,000 after buying an additional 4,786 shares during the period.

First Trust Global Wind Energy ETF Stock Up 2.3%

NYSEARCA FAN opened at $18.31 on Tuesday. First Trust Global Wind Energy ETF has a 52 week low of $13.51 and a 52 week high of $18.32. The stock’s 50-day moving average price is $16.36 and its 200-day moving average price is $15.53. The company has a market capitalization of $149.23 million, a P/E ratio of 18.17 and a beta of 0.92.

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.