First Trust Global Wind Energy ETF (NYSEARCA:FAN) Shares Up 1%

First Trust Global Wind Energy ETF (NYSEARCA:FAN) shot up 1% during trading on Monday . The company traded as high as $15.48 and last traded at $15.44. 14,076 shares were traded during trading, a decline of 67% from the average session volume of 42,134 shares. The stock had previously closed at $15.29.

First Trust Global Wind Energy ETF Stock Performance

The firm has a market cap of $220.82 million, a price-to-earnings ratio of 20.58 and a beta of 0.88. The business’s 50 day moving average price is $15.24 and its 200 day moving average price is $15.02.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. BlueCrest Capital Management Ltd purchased a new position in shares of First Trust Global Wind Energy ETF during the 2nd quarter valued at approximately $477,000. Kestra Advisory Services LLC lifted its holdings in First Trust Global Wind Energy ETF by 3.6% in the 3rd quarter. Kestra Advisory Services LLC now owns 27,056 shares of the company’s stock valued at $392,000 after purchasing an additional 946 shares in the last quarter. Perkins Coie Trust Co lifted its holdings 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 purchasing an additional 3,367 shares in the last quarter. Fifth Third Bancorp lifted its holdings in First Trust Global Wind Energy ETF by 25.8% in the 3rd quarter. Fifth Third Bancorp now owns 13,155 shares of the company’s stock valued at $191,000 after purchasing an additional 2,699 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. lifted its holdings in First Trust Global Wind Energy ETF by 19.2% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 26,009 shares of the company’s stock valued at $377,000 after purchasing an additional 4,184 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.