First Trust Global Wind Energy ETF (NYSEARCA:FAN) Shares Sold by Picton Mahoney Asset Management

Picton Mahoney Asset Management cut its holdings in shares of First Trust Global Wind Energy ETF (NYSEARCA:FAN) by 77.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,000 shares of the company’s stock after selling 7,000 shares during the period. Picton Mahoney Asset Management’s holdings in First Trust Global Wind Energy ETF were worth $30,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in FAN. Stifel Financial Corp increased its position in shares of First Trust Global Wind Energy ETF by 7.0% in the 3rd quarter. Stifel Financial Corp now owns 79,551 shares of the company’s stock valued at $1,435,000 after acquiring an additional 5,190 shares during the period. JPMorgan Chase & Co. increased its position in shares of First Trust Global Wind Energy ETF by 5,163.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,000 shares of the company’s stock valued at $36,000 after acquiring an additional 1,962 shares during the period. Wealth Enhancement Advisory Services LLC acquired a new position in shares of First Trust Global Wind Energy ETF in the 4th quarter valued at $181,000. Hager Investment Management Services LLC acquired a new position in shares of First Trust Global Wind Energy ETF in the 4th quarter valued at $41,000. Finally, SRS Capital Advisors Inc. increased its position in shares of First Trust Global Wind Energy ETF by 9.5% in the 4th quarter. SRS Capital Advisors Inc. now owns 47,754 shares of the company’s stock valued at $707,000 after acquiring an additional 4,150 shares during the period.

First Trust Global Wind Energy ETF Price Performance

NYSEARCA FAN opened at $16.03 on Tuesday. The stock’s fifty day moving average price is $14.98 and its 200 day moving average price is $15.90. First Trust Global Wind Energy ETF has a 1 year low of $14.30 and a 1 year high of $18.15. The company has a market cap of $141.06 million, a price-to-earnings ratio of 18.83 and a beta of 0.93.

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.