Money Design Co. Ltd. Reduces Stock Position in First Trust Global Wind Energy ETF (NYSEARCA:FAN)

Money Design Co. Ltd. lessened its holdings in shares of First Trust Global Wind Energy ETF (NYSEARCA:FAN) by 8.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 144,180 shares of the company’s stock after selling 14,165 shares during the period. Money Design Co. Ltd. owned about 1.21% of First Trust Global Wind Energy ETF worth $2,143,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. JPMorgan Chase & Co. increased its stake in shares of First Trust Global Wind Energy ETF by 5,163.2% during the third quarter. JPMorgan Chase & Co. now owns 2,000 shares of the company’s stock valued at $36,000 after buying an additional 1,962 shares during the period. Tsfg LLC bought a new position in First Trust Global Wind Energy ETF in the 3rd quarter worth $99,000. Wealth Enhancement Advisory Services LLC bought a new position in First Trust Global Wind Energy ETF in the 4th quarter worth $181,000. Elwood & Goetz Wealth Advisory Group LLC lifted its position in shares of First Trust Global Wind Energy ETF by 5.9% in the 3rd quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 11,203 shares of the company’s stock worth $202,000 after purchasing an additional 628 shares during the period. Finally, PFG Investments LLC boosted its stake in shares of First Trust Global Wind Energy ETF by 6.0% during 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 in the last quarter.

First Trust Global Wind Energy ETF Price Performance

FAN stock opened at $14.52 on Wednesday. The firm has a 50-day moving average of $15.20 and a 200 day moving average of $16.32. The company has a market cap of $173.51 million, a P/E ratio of 14.08 and a beta of 1.03. First Trust Global Wind Energy ETF has a 1 year low of $14.30 and a 1 year 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.