First Trust Global Wind Energy ETF (NYSEARCA:FAN) Shares Purchased by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. raised its stake in First Trust Global Wind Energy ETF (NYSEARCA:FAN) by 12.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,179 shares of the company’s stock after purchasing an additional 2,093 shares during the quarter. Oppenheimer Asset Management Inc. owned about 0.23% of First Trust Global Wind Energy ETF worth $288,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of FAN. SRS Capital Advisors Inc. lifted its holdings in First Trust Global Wind Energy ETF by 9.5% in the 4th quarter. SRS Capital Advisors Inc. now owns 47,754 shares of the company’s stock worth $707,000 after buying an additional 4,150 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of First Trust Global Wind Energy ETF during the fourth quarter worth about $513,000. LPL Financial LLC lifted its stake in shares of First Trust Global Wind Energy ETF by 38.2% in the fourth quarter. LPL Financial LLC now owns 248,427 shares of the company’s stock worth $3,677,000 after acquiring an additional 68,678 shares in the last quarter. Envestnet Asset Management Inc. boosted 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 valued at $175,000 after purchasing an additional 828 shares during the last quarter. Finally, Stifel Financial Corp grew its stake in First Trust Global Wind Energy ETF by 6.0% during the 4th quarter. Stifel Financial Corp now owns 84,337 shares of the company’s stock valued at $1,248,000 after purchasing an additional 4,786 shares in the last quarter.

First Trust Global Wind Energy ETF Stock Down 0.8%

FAN stock opened at $18.14 on Tuesday. The stock’s 50 day moving average is $16.99 and its two-hundred day moving average is $15.70. First Trust Global Wind Energy ETF has a 52-week low of $13.51 and a 52-week high of $18.41. The company has a market capitalization of $163.26 million, a PE ratio of 19.71 and a beta of 0.88.

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.