Florin Court Capital LLP Invests $625,000 in First Trust Global Wind Energy ETF $FAN

Florin Court Capital LLP bought a new position in shares of First Trust Global Wind Energy ETF (NYSEARCA:FAN) in the 2nd quarter, HoldingsChannel reports. The institutional investor bought 34,474 shares of the company’s stock, valued at approximately $625,000. First Trust Global Wind Energy ETF accounts for about 0.6% of Florin Court Capital LLP’s portfolio, making the stock its 28th biggest position.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FAN. Eaton Financial Holdings Company LLC purchased a new stake in First Trust Global Wind Energy ETF in the first quarter valued at $156,000. Perkins Coie Trust Co raised its stake in shares of First Trust Global Wind Energy ETF by 16.8% during the 2nd quarter. Perkins Coie Trust Co now owns 61,599 shares of the company’s stock valued at $1,117,000 after buying an additional 8,870 shares during the last quarter. Janney Montgomery Scott LLC acquired a new position in shares of First Trust Global Wind Energy ETF in the 2nd quarter valued at about $319,000. Finally, Money Design Co. Ltd. boosted its stake in shares of First Trust Global Wind Energy ETF by 18.9% in the second quarter. Money Design Co. Ltd. now owns 149,987 shares of the company’s stock worth $2,721,000 after buying an additional 23,858 shares during the last quarter.

First Trust Global Wind Energy ETF Stock Up 0.2%

First Trust Global Wind Energy ETF stock opened at $20.42 on Friday. The firm has a market cap of $189.91 million, a price-to-earnings ratio of 19.71 and a beta of 0.90. First Trust Global Wind Energy ETF has a 52 week low of $13.51 and a 52 week high of $20.66. The business’s 50-day moving average price is $19.50 and its 200 day moving average price is $18.42.

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.