Traphagen Investment Advisors LLC Sells 1,277 Shares of First Trust Global Wind Energy ETF (NYSEARCA:FAN)

Traphagen Investment Advisors LLC lowered its position in shares of First Trust Global Wind Energy ETF (NYSEARCA:FAN) by 11.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,378 shares of the company’s stock after selling 1,277 shares during the period. Traphagen Investment Advisors LLC’s holdings in First Trust Global Wind Energy ETF were worth $154,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Bank of Montreal Can raised its stake in shares of First Trust Global Wind Energy ETF by 6,389.6% during the 2nd quarter. Bank of Montreal Can now owns 76,253 shares of the company’s stock worth $1,336,000 after acquiring an additional 75,078 shares in the last quarter. Wealth Enhancement Advisory Services LLC acquired a new position in shares of First Trust Global Wind Energy ETF during the fourth quarter worth $181,000. Tsfg LLC acquired a new stake in shares of First Trust Global Wind Energy ETF in the 3rd quarter worth $99,000. Stifel Financial Corp grew its stake in First Trust Global Wind Energy ETF by 7.0% during the 3rd quarter. Stifel Financial Corp now owns 79,551 shares of the company’s stock worth $1,435,000 after buying an additional 5,190 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in First Trust Global Wind Energy ETF by 5,163.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,000 shares of the company’s stock valued at $36,000 after buying an additional 1,962 shares in the last quarter.

First Trust Global Wind Energy ETF Stock Performance

Shares of FAN stock opened at $14.94 on Wednesday. The firm has a market capitalization of $178.53 million, a price-to-earnings ratio of 14.08 and a beta of 1.03. The stock’s 50-day simple moving average is $15.28 and its 200-day simple moving average is $16.39. First Trust Global Wind Energy ETF has a fifty-two week low of $14.30 and a fifty-two week high of $18.15.

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.