First Trust Global Wind Energy ETF (NYSEARCA:FAN) Trading 0.6% Higher – Here’s What Happened

Shares of First Trust Global Wind Energy ETF (NYSEARCA:FAN) were up 0.6% during trading on Monday . The company traded as high as $22.69 and last traded at $22.65. Approximately 68,615 shares traded hands during trading, an increase of 40% from the average daily volume of 48,863 shares. The stock had previously closed at $22.52.

First Trust Global Wind Energy ETF Stock Up 0.6%

The firm has a 50-day simple moving average of $20.97 and a 200-day simple moving average of $19.93. The stock has a market cap of $221.97 million, a PE ratio of 19.71 and a beta of 0.90.

Institutional Investors Weigh In On First Trust Global Wind Energy ETF

A number of institutional investors and hedge funds have recently modified their holdings of FAN. Perkins Coie Trust Co boosted its position in shares of First Trust Global Wind Energy ETF by 0.9% in the third quarter. Perkins Coie Trust Co now owns 62,160 shares of the company’s stock valued at $1,194,000 after acquiring an additional 561 shares during the period. PNC Financial Services Group Inc. boosted its holdings in First Trust Global Wind Energy ETF by 44.9% in the 3rd quarter. PNC Financial Services Group Inc. now owns 2,995 shares of the company’s stock valued at $58,000 after purchasing an additional 928 shares during the period. Farther Finance Advisors LLC grew its position in shares of First Trust Global Wind Energy ETF by 206.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,706 shares of the company’s stock valued at $33,000 after purchasing an additional 1,150 shares in the last quarter. MAI Capital Management raised its position in shares of First Trust Global Wind Energy ETF by 28.3% in the third quarter. MAI Capital Management now owns 6,878 shares of the company’s stock worth $132,000 after buying an additional 1,517 shares in the last quarter. Finally, Global Retirement Partners LLC raised its position in shares of First Trust Global Wind Energy ETF by 134.1% in the third quarter. Global Retirement Partners LLC now owns 3,015 shares of the company’s stock worth $58,000 after buying an additional 1,727 shares in the last quarter.

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.