First Trust Global Wind Energy ETF (NYSEARCA:FAN) Shares Up 0.5% – What’s Next?

First Trust Global Wind Energy ETF (NYSEARCA:FAN)’s share price traded up 0.5% during mid-day trading on Tuesday. The company traded as high as $22.36 and last traded at $22.34. Approximately 13,603 shares were traded during mid-day trading, a decline of 83% from the average daily volume of 80,672 shares. The stock had previously closed at $22.23.

First Trust Global Wind Energy ETF Stock Up 0.5%

The business’s 50-day simple moving average is $23.39 and its 200-day simple moving average is $24.55. The stock has a market cap of $193.24 million, a PE ratio of 19.71 and a beta of 0.84.

Institutional Trading of First Trust Global Wind Energy ETF

Large investors have recently modified their holdings of the business. Avior Wealth Management LLC increased its stake in shares of First Trust Global Wind Energy ETF by 7.2% during the third quarter. Avior Wealth Management LLC now owns 11,824 shares of the company’s stock valued at $268,000 after buying an additional 793 shares during the period. Farther Finance Advisors LLC raised its holdings in shares of First Trust Global Wind Energy ETF by 271.7% during the third quarter. Farther Finance Advisors LLC now owns 7,925 shares of the company’s stock valued at $180,000 after acquiring an additional 5,793 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of First Trust Global Wind Energy ETF by 39.9% during the second quarter. Envestnet Asset Management Inc. now owns 48,883 shares of the company’s stock valued at $1,221,000 after acquiring an additional 13,944 shares in the last quarter. Concorde Asset Management LLC raised its holdings in shares of First Trust Global Wind Energy ETF by 70.9% during the second quarter. Concorde Asset Management LLC now owns 116,830 shares of the company’s stock valued at $2,918,000 after acquiring an additional 48,478 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its stake in First Trust Global Wind Energy ETF by 13,062.4% in the second quarter. NewEdge Advisors LLC now owns 55,940 shares of the company’s stock worth $1,397,000 after acquiring an additional 55,515 shares during the period.

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.