First Trust Global Wind Energy ETF (NYSEARCA:FAN) Shares Purchased by SRS Capital Advisors Inc.

SRS Capital Advisors Inc. boosted its holdings in shares of First Trust Global Wind Energy ETF (NYSEARCA:FAN) by 239.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 18,206 shares of the company’s stock after purchasing an additional 12,841 shares during the period. SRS Capital Advisors Inc. owned about 0.13% of First Trust Global Wind Energy ETF worth $300,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in FAN. Gould Asset Management LLC CA grew its position in First Trust Global Wind Energy ETF by 7.0% during the fourth quarter. Gould Asset Management LLC CA now owns 12,990 shares of the company’s stock valued at $214,000 after buying an additional 855 shares during the period. Parkside Financial Bank & Trust acquired a new stake in First Trust Global Wind Energy ETF in the fourth quarter valued at approximately $147,000. International Assets Investment Management LLC acquired a new position in shares of First Trust Global Wind Energy ETF during the 4th quarter worth approximately $310,000. Perkins Coie Trust Co grew its stake in First Trust Global Wind Energy ETF by 3.6% in the 4th quarter. Perkins Coie Trust Co now owns 95,962 shares of the company’s stock valued at $1,580,000 after acquiring an additional 3,367 shares during the period. Finally, Baker Avenue Asset Management LP purchased a new stake in First Trust Global Wind Energy ETF in the 3rd quarter worth $41,000.

First Trust Global Wind Energy ETF Trading Up 1.6 %

FAN traded up $0.25 during midday trading on Friday, hitting $15.89. 76,986 shares of the company traded hands, compared to its average volume of 40,258. First Trust Global Wind Energy ETF has a 52-week low of $13.21 and a 52-week high of $18.12. The business has a 50 day simple moving average of $15.26 and a two-hundred day simple moving average of $15.14. The company has a market capitalization of $189.90 million, a price-to-earnings ratio of 14.08 and a beta of 1.03.

About First Trust Global Wind Energy ETF

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.