UBS Group AG Grows Stock Holdings in First Trust Global Wind Energy ETF $FAN

UBS Group AG boosted its stake in shares of First Trust Global Wind Energy ETF (NYSEARCA:FAN) by 222.3% during the fourth quarter, Holdings Channel reports. The firm owned 412,320 shares of the company’s stock after purchasing an additional 284,371 shares during the quarter. UBS Group AG’s holdings in First Trust Global Wind Energy ETF were worth $8,440,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC lifted its position in First Trust Global Wind Energy ETF by 142.5% during the fourth quarter. Farther Finance Advisors LLC now owns 4,137 shares of the company’s stock valued at $85,000 after purchasing an additional 2,431 shares during the period. Nilsine Partners LLC bought a new position in First Trust Global Wind Energy ETF during the fourth quarter valued at approximately $1,006,000. Capital Investment Advisors LLC lifted its position in First Trust Global Wind Energy ETF by 27.3% during the fourth quarter. Capital Investment Advisors LLC now owns 27,259 shares of the company’s stock valued at $558,000 after purchasing an additional 5,851 shares during the period. Susquehanna International Group LLP lifted its position in First Trust Global Wind Energy ETF by 88.4% during the third quarter. Susquehanna International Group LLP now owns 61,044 shares of the company’s stock valued at $1,173,000 after purchasing an additional 28,646 shares during the period. Finally, Citadel Advisors LLC lifted its position in First Trust Global Wind Energy ETF by 241.7% during the third quarter. Citadel Advisors LLC now owns 55,568 shares of the company’s stock valued at $1,067,000 after purchasing an additional 39,307 shares during the period.

First Trust Global Wind Energy ETF Price Performance

Shares of First Trust Global Wind Energy ETF stock opened at $25.83 on Monday. The company has a market cap of $269.92 million, a price-to-earnings ratio of 19.71 and a beta of 0.85. The company’s 50 day moving average is $25.17 and its 200 day moving average is $22.71. First Trust Global Wind Energy ETF has a twelve month low of $16.57 and a twelve month 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.