First Trust Global Wind Energy ETF (NYSEARCA:FAN) Shares Sold by Peregrine Asset Advisers Inc.

Peregrine Asset Advisers Inc. reduced its stake in shares of First Trust Global Wind Energy ETF (NYSEARCA:FAN) by 6.7% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 10,229 shares of the company’s stock after selling 738 shares during the period. Peregrine Asset Advisers Inc. owned approximately 0.07% of First Trust Global Wind Energy ETF worth $169,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. Baker Avenue Asset Management LP purchased a new stake in First Trust Global Wind Energy ETF during the third quarter worth $41,000. NBC Securities Inc. acquired a new stake in shares of First Trust Global Wind Energy ETF during the 3rd quarter valued at about $41,000. SRS Capital Advisors Inc. increased its stake in shares of 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 in the last quarter. Parkside Financial Bank & Trust acquired a new position in First Trust Global Wind Energy ETF in the 4th quarter worth about $147,000. Finally, Private Advisor Group LLC purchased a new position in First Trust Global Wind Energy ETF during the fourth quarter worth approximately $212,000.

First Trust Global Wind Energy ETF Stock Up 1.2 %

Shares of NYSEARCA FAN traded up $0.19 during trading on Tuesday, hitting $16.21. The company had a trading volume of 36,443 shares, compared to its average volume of 40,432. First Trust Global Wind Energy ETF has a fifty-two week low of $13.21 and a fifty-two week high of $18.12. The stock has a fifty day simple moving average of $15.30 and a two-hundred day simple moving average of $15.19. The firm has a market capitalization of $193.71 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.