TAP Consulting LLC Decreases Stock Position in First Trust Water ETF (NYSEARCA:FIW)

TAP Consulting LLC decreased its position in shares of First Trust Water ETF (NYSEARCA:FIW) by 5.3% in the fourth quarter, HoldingsChannel reports. The firm owned 12,265 shares of the company’s stock after selling 690 shares during the quarter. TAP Consulting LLC’s holdings in First Trust Water ETF were worth $1,252,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Prospera Financial Services Inc increased its stake in First Trust Water ETF by 10.5% in the 3rd quarter. Prospera Financial Services Inc now owns 7,173 shares of the company’s stock worth $786,000 after acquiring an additional 684 shares during the last quarter. Strategy Asset Managers LLC bought a new stake in shares of First Trust Water ETF in the 3rd quarter worth about $2,730,000. Moors & Cabot Inc. increased its stake in First Trust Water ETF by 3.8% during the third quarter. Moors & Cabot Inc. now owns 18,056 shares of the company’s stock worth $1,974,000 after acquiring an additional 666 shares during the last quarter. Flagstar Advisors Inc. raised its holdings in First Trust Water ETF by 2.4% during the 3rd quarter. Flagstar Advisors Inc. now owns 12,391 shares of the company’s stock valued at $1,355,000 after buying an additional 290 shares during the period. Finally, M Holdings Securities Inc. lifted its holdings in shares of First Trust Water ETF by 3.8% in the 3rd quarter. M Holdings Securities Inc. now owns 24,796 shares of the company’s stock worth $2,711,000 after acquiring an additional 897 shares during the last quarter.

First Trust Water ETF Stock Performance

FIW opened at $102.55 on Thursday. First Trust Water ETF has a one year low of $96.29 and a one year high of $111.64. The stock has a market cap of $1.76 billion, a price-to-earnings ratio of 26.28 and a beta of 1.04. The stock’s 50 day moving average price is $103.88 and its 200-day moving average price is $105.81.

About First Trust Water ETF

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.