Wealth Enhancement Advisory Services LLC Purchases Shares of 12,253 First Trust Global Wind Energy ETF (NYSEARCA:FAN)

Wealth Enhancement Advisory Services LLC acquired a new position in shares of First Trust Global Wind Energy ETF (NYSEARCA:FAN) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 12,253 shares of the company’s stock, valued at approximately $181,000. Wealth Enhancement Advisory Services LLC owned about 0.10% of First Trust Global Wind Energy ETF at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of FAN. Stifel Financial Corp increased its holdings in First Trust Global Wind Energy ETF by 7.0% during the third quarter. Stifel Financial Corp now owns 79,551 shares of the company’s stock worth $1,435,000 after buying an additional 5,190 shares during the last quarter. Bank of Montreal Can grew its position in shares of First Trust Global Wind Energy ETF by 6,389.6% in the 2nd quarter. Bank of Montreal Can now owns 76,253 shares of the company’s stock valued at $1,336,000 after acquiring an additional 75,078 shares during the period. Oppenheimer Asset Management Inc. increased its stake in shares of First Trust Global Wind Energy ETF by 21.7% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 18,571 shares of the company’s stock worth $301,000 after purchasing an additional 3,308 shares during the last quarter. Cetera Investment Advisers raised its holdings in shares of First Trust Global Wind Energy ETF by 0.4% in the 2nd quarter. Cetera Investment Advisers now owns 175,645 shares of the company’s stock valued at $2,847,000 after purchasing an additional 703 shares during the period. Finally, PFG Investments LLC lifted its stake in First Trust Global Wind Energy ETF by 6.0% in the 3rd quarter. PFG Investments LLC now owns 28,136 shares of the company’s stock valued at $508,000 after purchasing an additional 1,589 shares during the last quarter.

First Trust Global Wind Energy ETF Stock Performance

First Trust Global Wind Energy ETF stock opened at $14.92 on Friday. The stock has a 50-day simple moving average of $15.31 and a 200 day simple moving average of $16.40. The stock has a market capitalization of $178.29 million, a P/E ratio of 14.08 and a beta of 1.03. First Trust Global Wind Energy ETF has a 52 week low of $14.30 and a 52 week high of $18.15.

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.