First Allied Advisory Services Inc. boosted its stake in First Trust Global Wind Energy ETF (NYSEARCA:FAN) by 21.9% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 57,587 shares of the company’s stock after purchasing an additional 10,345 shares during the period. First Allied Advisory Services Inc. owned about 0.75% of First Trust Global Wind Energy ETF worth $756,000 at the end of the most recent quarter.

Shares of First Trust Global Wind Energy ETF (FAN) traded up $0.05 during mid-day trading on Wednesday, reaching $12.79. 32,800 shares of the company’s stock traded hands, compared to its average volume of 47,795. First Trust Global Wind Energy ETF has a 52 week low of $11.35 and a 52 week high of $13.63.

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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.

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