Picton Mahoney Asset Management Has $105,000 Holdings in First Trust Global Wind Energy ETF (NYSEARCA:FAN)

Picton Mahoney Asset Management trimmed its holdings in First Trust Global Wind Energy ETF (NYSEARCA:FAN) by 37.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,400 shares of the company’s stock after selling 3,800 shares during the period. Picton Mahoney Asset Management’s holdings in First Trust Global Wind Energy ETF were worth $105,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. NBC Securities Inc. bought a new position in First Trust Global Wind Energy ETF in the 3rd quarter valued at about $41,000. Baker Avenue Asset Management LP acquired a new stake in First Trust Global Wind Energy ETF during the 3rd quarter worth approximately $41,000. SRS Capital Advisors Inc. boosted its stake in First Trust Global Wind Energy ETF by 54.2% in the 3rd quarter. SRS Capital Advisors Inc. now owns 5,365 shares of the company’s stock valued at $78,000 after purchasing an additional 1,886 shares during the period. Parkside Financial Bank & Trust acquired a new position in First Trust Global Wind Energy ETF in the 4th quarter valued at $147,000. Finally, Peregrine Asset Advisers Inc. acquired a new position in First Trust Global Wind Energy ETF in the 3rd quarter valued at $159,000.

First Trust Global Wind Energy ETF Stock Performance

FAN opened at $16.54 on Friday. The stock has a fifty day moving average of $15.37 and a 200-day moving average of $15.23. The company has a market capitalization of $197.62 million, a P/E ratio of 14.08 and a beta of 1.03. First Trust Global Wind Energy ETF has a fifty-two week low of $13.21 and a fifty-two week high of $18.12.

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.