First Trust Global Wind Energy ETF (NYSEARCA:FAN) Shares Sold by Ledyard National Bank

Ledyard National Bank cut its holdings in First Trust Global Wind Energy ETF (NYSEARCA:FAN) by 6.0% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 58,631 shares of the company’s stock after selling 3,740 shares during the period. Ledyard National Bank owned about 0.69% of First Trust Global Wind Energy ETF worth $880,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of FAN. Susquehanna International Group LLP boosted its holdings in shares of First Trust Global Wind Energy ETF by 977.4% in the 4th quarter. Susquehanna International Group LLP now owns 109,591 shares of the company’s stock valued at $1,622,000 after buying an additional 99,419 shares during the period. Jane Street Group LLC boosted its holdings in shares of First Trust Global Wind Energy ETF by 159.2% in the 4th quarter. Jane Street Group LLC now owns 136,191 shares of the company’s stock valued at $2,016,000 after buying an additional 83,650 shares during the period. LPL Financial LLC boosted its holdings in shares of First Trust Global Wind Energy ETF by 38.2% in the 4th quarter. LPL Financial LLC now owns 248,427 shares of the company’s stock valued at $3,677,000 after buying an additional 68,678 shares during the period. Raymond James Financial Inc. acquired a new position in shares of First Trust Global Wind Energy ETF in the 4th quarter valued at about $513,000. Finally, Wealth Enhancement Advisory Services LLC acquired a new position in shares of First Trust Global Wind Energy ETF in the 4th quarter valued at about $209,000.

First Trust Global Wind Energy ETF Stock Performance

NYSEARCA FAN opened at $18.00 on Tuesday. First Trust Global Wind Energy ETF has a one year low of $13.51 and a one year high of $18.32. The company has a 50-day simple moving average of $16.68 and a 200-day simple moving average of $15.60. The firm has a market capitalization of $146.70 million, a PE ratio of 18.17 and a beta of 0.92.

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.