85,483 Shares in First Trust Global Wind Energy ETF $FAN Purchased by Concorde Asset Management LLC

Concorde Asset Management LLC purchased a new position in First Trust Global Wind Energy ETF (NYSEARCA:FAN) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 85,483 shares of the company’s stock, valued at approximately $1,750,000.

A number of other institutional investors have also recently bought and sold shares of the stock. PNC Financial Services Group Inc. increased its stake in First Trust Global Wind Energy ETF by 44.9% in the 3rd quarter. PNC Financial Services Group Inc. now owns 2,995 shares of the company’s stock worth $58,000 after purchasing an additional 928 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in First Trust Global Wind Energy ETF by 7.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 17,411 shares of the company’s stock worth $356,000 after purchasing an additional 1,249 shares in the last quarter. Godfrey Financial Associates Inc. purchased a new position in First Trust Global Wind Energy ETF in the 4th quarter worth about $26,000. MAI Capital Management increased its stake in First Trust Global Wind Energy ETF by 28.3% in the 3rd quarter. MAI Capital Management now owns 6,878 shares of the company’s stock worth $132,000 after purchasing an additional 1,517 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in First Trust Global Wind Energy ETF by 1,068.2% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,500 shares of the company’s stock worth $45,000 after purchasing an additional 2,286 shares in the last quarter.

First Trust Global Wind Energy ETF Trading Down 0.2%

Shares of FAN opened at $24.90 on Friday. The business’s 50-day moving average price is $25.90 and its 200 day moving average price is $23.47. The stock has a market capitalization of $260.21 million, a P/E ratio of 19.71 and a beta of 0.83. First Trust Global Wind Energy ETF has a 1-year low of $17.71 and a 1-year high of $27.30.

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.