First Trust Water ETF (NYSEARCA:FIW) Shares Acquired by WMG Financial Advisors LLC

WMG Financial Advisors LLC lifted its position in shares of First Trust Water ETF (NYSEARCA:FIW) by 1.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 15,387 shares of the company’s stock after purchasing an additional 168 shares during the period. First Trust Water ETF comprises about 0.7% of WMG Financial Advisors LLC’s holdings, making the stock its 28th largest position. WMG Financial Advisors LLC owned 0.09% of First Trust Water ETF worth $1,570,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in FIW. Golden State Wealth Management LLC purchased a new position in shares of First Trust Water ETF during the fourth quarter worth about $27,000. Strategic Financial Concepts LLC purchased a new position in shares of First Trust Water ETF during the fourth quarter worth about $31,000. SBI Securities Co. Ltd. purchased a new position in shares of First Trust Water ETF during the fourth quarter worth about $49,000. Copley Financial Group Inc. purchased a new position in shares of First Trust Water ETF during the third quarter worth about $62,000. Finally, Kestra Investment Management LLC purchased a new position in shares of First Trust Water ETF during the fourth quarter worth about $80,000.

First Trust Water ETF Stock Down 0.8 %

NYSEARCA FIW opened at $103.14 on Tuesday. First Trust Water ETF has a 52-week low of $96.29 and a 52-week high of $111.64. The business’s 50-day moving average price is $103.94 and its 200 day moving average price is $106.17. The firm has a market cap of $1.77 billion, a P/E ratio of 25.44 and a beta of 1.04.

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.