Perkins Coie Trust Co Cuts Holdings in First Trust Global Wind Energy ETF (NYSEARCA:FAN)

Perkins Coie Trust Co reduced its position in shares of First Trust Global Wind Energy ETF (NYSEARCA:FAN) by 27.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 53,420 shares of the company’s stock after selling 20,006 shares during the quarter. Perkins Coie Trust Co owned 0.45% of First Trust Global Wind Energy ETF worth $791,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Elwood & Goetz Wealth Advisory Group LLC boosted its position in First Trust Global Wind Energy ETF by 5.9% during the third 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 in the last quarter. Cetera Investment Advisers raised its stake in shares of First Trust Global Wind Energy ETF by 0.4% during the 2nd quarter. Cetera Investment Advisers now owns 175,645 shares of the company’s stock worth $2,847,000 after buying an additional 703 shares during the period. PFG Investments LLC lifted its position 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 buying an additional 1,589 shares in the last quarter. JPMorgan Chase & Co. grew its stake in First Trust Global Wind Energy ETF by 5,163.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,000 shares of the company’s stock valued at $36,000 after acquiring an additional 1,962 shares during the period. Finally, Oppenheimer Asset Management Inc. increased its holdings in First Trust Global Wind Energy ETF by 21.7% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 18,571 shares of the company’s stock worth $301,000 after acquiring an additional 3,308 shares in the last quarter.

First Trust Global Wind Energy ETF Stock Up 0.7 %

FAN opened at $14.92 on Friday. The firm’s fifty day simple moving average is $15.31 and its two-hundred day simple moving average is $16.41. First Trust Global Wind Energy ETF has a 52-week low of $14.30 and a 52-week high of $18.15. The company has a market cap of $178.29 million, a price-to-earnings ratio of 14.08 and a beta of 1.03.

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.