First Trust Water ETF $FIW Stake Trimmed by RFG Bristol Wealth Advisors LLC

by · The Markets Daily

RFG Bristol Wealth Advisors LLC lessened its holdings in First Trust Water ETF (NYSEARCA:FIW – Free Report) by 72.3% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,576 shares of the company’s stock after selling 14,553 shares during the period. RFG Bristol Wealth Advisors LLC’s holdings in First Trust Water ETF were worth $579,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Modern Wealth Management LLC raised its stake in shares of 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 in the last quarter. Kestra Private Wealth Services LLC grew its stake in 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. Wealthcare Advisory Partners LLC grew its stake in First Trust Water ETF by 16.3% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 64,351 shares of the company’s stock worth $7,048,000 after purchasing an additional 9,037 shares in the last quarter. Kestra Advisory Services LLC increased its holdings in First Trust Water ETF by 14.0% during the 1st quarter. Kestra Advisory Services LLC now owns 75,084 shares of the company’s stock worth $7,743,000 after purchasing an additional 9,248 shares during the period. Finally, William John Sempolinski purchased a new stake in First Trust Water ETF during the 2nd quarter worth about $2,913,000.

First Trust Water ETF Stock Performance

FIW stock traded up $0.53 during mid-day trading on Friday, reaching $105.09. The company had a trading volume of 35,827 shares, compared to its average volume of 55,780. The firm has a fifty day simple moving average of $108.28 and a 200 day simple moving average of $106.68. The company has a market capitalization of $1.72 billion, a price-to-earnings ratio of 24.17 and a beta of 0.99. First Trust Water ETF has a fifty-two week low of $98.52 and a fifty-two week high of $116.30.

First Trust Water ETF Company Profile

(Free Report)

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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