WEC Energy Group shares bought by First Trust Advisors

First Trust Advisors increases stake in utility provider WEC Energy Group by 26.3% in Q3

Published on Mar. 10, 2026

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First Trust Advisors LP grew its holdings in shares of WEC Energy Group, Inc. (NYSE:WEC) by 26.3% during the third quarter, according to the company's recent SEC filing. The firm now owns 754,939 shares of the utilities provider's stock, worth approximately $86.5 million.

Why it matters

The increase in First Trust Advisors' stake in WEC Energy Group reflects growing institutional investor interest in the utility company. As a major player in the Midwest energy market, WEC's performance is closely watched by analysts and investors.

The details

First Trust Advisors purchased an additional 157,008 shares of WEC Energy Group during the third quarter, bringing its total stake to 754,939 shares. This represents approximately 0.23% ownership of the company. Several other hedge funds have also increased their positions in WEC Energy Group in recent quarters.

  • First Trust Advisors increased its WEC Energy Group stake in the third quarter of 2026.

The players

First Trust Advisors LP

An investment management firm that grew its holdings in WEC Energy Group by 26.3% in Q3 2026.

WEC Energy Group, Inc.

A Milwaukee-based regulated energy holding company that operates utility subsidiaries in the Midwest.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

The increase in First Trust Advisors' stake in WEC Energy Group reflects growing institutional investor confidence in the utility company's performance and outlook. As a major player in the Midwest energy market, WEC's financial results and strategic moves will continue to be closely watched by analysts and the investment community.