Beto Financial Group LLC Invests $464,000 in First Trust Global Wind Energy ETF $FAN

Beto Financial Group LLC purchased a new position in shares of First Trust Global Wind Energy ETF (NYSEARCA:FAN) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 20,504 shares of the company’s stock, valued at approximately $464,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Truist Financial Corp acquired a new stake in shares of First Trust Global Wind Energy ETF during the third quarter worth $2,152,000. Advisors Preferred LLC bought a new position in First Trust Global Wind Energy ETF in the third quarter valued at $445,000. UBS Group AG grew its position in First Trust Global Wind Energy ETF by 222.3% in the fourth quarter. UBS Group AG now owns 412,320 shares of the company’s stock valued at $8,440,000 after purchasing an additional 284,371 shares in the last quarter. Nilsine Partners LLC bought a new position in shares of First Trust Global Wind Energy ETF in the 4th quarter valued at about $1,006,000. Finally, Oppenheimer & Co. Inc. grew its position in shares of First Trust Global Wind Energy ETF by 10.7% in the 4th quarter. Oppenheimer & Co. Inc. now owns 205,734 shares of the company’s stock valued at $4,211,000 after acquiring an additional 19,943 shares during the period.

First Trust Global Wind Energy ETF Price Performance

Shares of FAN opened at $26.20 on Tuesday. The firm has a 50-day moving average of $25.69 and a 200-day moving average of $23.15. First Trust Global Wind Energy ETF has a one year low of $17.08 and a one year high of $27.30. The company has a market cap of $273.79 million, a PE ratio of 19.71 and a beta of 0.85.

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.