Oppenheimer Asset Management Inc. Acquires 3,308 Shares of First Trust Global Wind Energy ETF (NYSEARCA:FAN)

Oppenheimer Asset Management Inc. boosted its holdings in First Trust Global Wind Energy ETF (NYSEARCA:FAN) by 21.7% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 18,571 shares of the company’s stock after purchasing an additional 3,308 shares during the quarter. Oppenheimer Asset Management Inc. owned about 0.16% of First Trust Global Wind Energy ETF worth $301,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Larson Financial Group LLC raised its position in shares of First Trust Global Wind Energy ETF by 123.1% in the 2nd quarter. Larson Financial Group LLC now owns 5,146 shares of the company’s stock worth $83,000 after purchasing an additional 2,839 shares during the last quarter. Elwood & Goetz Wealth Advisory Group LLC purchased a new position in First Trust Global Wind Energy ETF in the second quarter worth about $171,000. Private Advisor Group LLC bought a new position in shares of First Trust Global Wind Energy ETF in the fourth quarter worth approximately $212,000. Florin Court Capital LLP bought a new position in shares of First Trust Global Wind Energy ETF in the second quarter worth approximately $633,000. Finally, Cetera Advisors LLC purchased a new stake in shares of First Trust Global Wind Energy ETF during the first quarter valued at approximately $2,478,000.

First Trust Global Wind Energy ETF Stock Down 0.1 %

Shares of FAN opened at $17.77 on Friday. The company has a market capitalization of $212.35 million, a P/E ratio of 14.08 and a beta of 1.03. First Trust Global Wind Energy ETF has a twelve month low of $13.21 and a twelve month high of $17.85. The firm has a 50 day moving average of $16.89 and a 200 day moving average of $16.40.

First Trust Global Wind Energy ETF 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.