UBS Group AG Acquires 284,371 Shares of First Trust Global Wind Energy ETF $FAN

UBS Group AG increased its holdings in First Trust Global Wind Energy ETF (NYSEARCA:FAN) by 222.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 412,320 shares of the company’s stock after acquiring an additional 284,371 shares during the period. UBS Group AG owned about 4.21% of First Trust Global Wind Energy ETF worth $8,440,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of FAN. Truist Financial Corp purchased a new stake in shares of First Trust Global Wind Energy ETF in the third quarter worth $2,152,000. Advisors Preferred LLC purchased a new stake in shares of First Trust Global Wind Energy ETF in the third quarter worth $445,000. Nilsine Partners LLC purchased a new stake in shares of First Trust Global Wind Energy ETF in the fourth quarter worth $1,006,000. Farther Finance Advisors LLC grew its stake in shares of First Trust Global Wind Energy ETF by 142.5% in the fourth quarter. Farther Finance Advisors LLC now owns 4,137 shares of the company’s stock worth $85,000 after acquiring an additional 2,431 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its stake in shares of First Trust Global Wind Energy ETF by 44.9% in the third quarter. PNC Financial Services Group Inc. now owns 2,995 shares of the company’s stock worth $58,000 after acquiring an additional 928 shares during the last quarter.

First Trust Global Wind Energy ETF Price Performance

Shares of NYSEARCA:FAN opened at $25.83 on Monday. The company has a market cap of $269.92 million, a P/E ratio of 19.71 and a beta of 0.85. First Trust Global Wind Energy ETF has a 1 year low of $16.57 and a 1 year high of $27.30. The stock’s fifty day moving average price is $25.17 and its 200-day moving average price is $22.71.

First Trust Global Wind Energy ETF Company Profile

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.