SRS Capital Advisors Inc. Grows Stock Holdings in First Trust Global Wind Energy ETF (NYSEARCA:FAN)

SRS Capital Advisors Inc. lifted its position in First Trust Global Wind Energy ETF (NYSEARCA:FAN) by 9.5% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 47,754 shares of the company’s stock after buying an additional 4,150 shares during the quarter. SRS Capital Advisors Inc.’s holdings in First Trust Global Wind Energy ETF were worth $707,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of FAN. Stifel Financial Corp increased its stake in First Trust Global Wind Energy ETF by 7.0% during the third quarter. Stifel Financial Corp now owns 79,551 shares of the company’s stock worth $1,435,000 after purchasing an additional 5,190 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of First Trust Global Wind Energy ETF by 5,163.2% in the third quarter. JPMorgan Chase & Co. now owns 2,000 shares of the company’s stock valued at $36,000 after purchasing 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 fourth quarter valued at approximately $181,000. Finally, Hager Investment Management Services LLC purchased a new stake in First Trust Global Wind Energy ETF during the 4th quarter worth approximately $41,000.

First Trust Global Wind Energy ETF Stock Up 0.9 %

First Trust Global Wind Energy ETF stock opened at $15.18 on Monday. First Trust Global Wind Energy ETF has a 52-week low of $14.30 and a 52-week high of $18.15. The firm has a market cap of $136.62 million, a PE ratio of 19.36 and a beta of 0.90. The company’s 50 day moving average is $14.89 and its two-hundred day moving average is $16.02.

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.