First Trust Water ETF $FIW Shares Bought by Wealthcare Advisory Partners LLC
by Renee Jackson · The Cerbat GemWealthcare Advisory Partners LLC lifted its holdings in shares of First Trust Water ETF (NYSEARCA:FIW – Free Report) by 16.3% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 64,351 shares of the company’s stock after purchasing an additional 9,037 shares during the period. Wealthcare Advisory Partners LLC’s holdings in First Trust Water ETF were worth $7,048,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also modified their holdings of the company. Natural Investments LLC purchased a new stake in shares of First Trust Water ETF in the fourth quarter valued at approximately $551,000. Legacy Edge Advisors LLC purchased a new position in First Trust Water ETF in the fourth quarter worth $641,000. Guardian Capital LLC purchased a new position in First Trust Water ETF in the fourth quarter worth $1,148,000. Modern Wealth Management LLC lifted its holdings in First Trust Water ETF by 15.9% in the first quarter. Modern Wealth Management LLC now owns 52,435 shares of the company’s stock valued at $5,460,000 after acquiring an additional 7,205 shares during the period. Finally, Kestra Private Wealth Services LLC boosted its position in shares of First Trust Water ETF by 4.9% during the 1st quarter. Kestra Private Wealth Services LLC now owns 141,242 shares of the company’s stock worth $14,566,000 after purchasing an additional 6,643 shares in the last quarter.
First Trust Water ETF Stock Up 0.3%
NYSEARCA:FIW opened at $113.15 on Wednesday. First Trust Water ETF has a fifty-two week low of $98.52 and a fifty-two week high of $116.30. The stock has a market cap of $1.93 billion, a PE ratio of 24.17 and a beta of 0.99. The firm’s fifty day simple moving average is $107.93 and its 200-day simple moving average is $107.77.
First Trust Water ETF Profile
First Trust ISE Water Index Fund (the Fund) seeks investment results that correspond generally to the price and yield of an equity index called the ISE Water Index (the Index). The Index is a modified market capitalization-weighted index consisting of 36 stocks that derive a substantial portion of their revenues from the potable and wastewater industries. The Index is rebalanced on a semi-annual basis. The Fund will normally invest at least 90% of its assets in common stocks that comprise the Index.
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