Private Advisor Group LLC Grows Position in First Trust Water ETF (NYSEARCA:FIW)

Private Advisor Group LLC lifted its stake in First Trust Water ETF (NYSEARCA:FIW) by 1.3% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 66,473 shares of the company’s stock after buying an additional 855 shares during the quarter. Private Advisor Group LLC owned approximately 0.41% of First Trust Water ETF worth $6,784,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Golden State Wealth Management LLC purchased a new position in shares of First Trust Water ETF in the fourth quarter worth $27,000. Values First Advisors Inc. purchased a new stake in First Trust Water ETF during the third quarter valued at $52,000. Copley Financial Group Inc. purchased a new stake in First Trust Water ETF during the third quarter valued at $62,000. Kestra Investment Management LLC purchased a new stake in First Trust Water ETF during the fourth quarter valued at $80,000. Finally, Empowered Funds LLC purchased a new stake in First Trust Water ETF during the fourth quarter valued at $93,000.

First Trust Water ETF Stock Down 1.2 %

First Trust Water ETF stock opened at $103.05 on Friday. The company has a market cap of $1.67 billion, a price-to-earnings ratio of 33.23 and a beta of 0.99. The firm’s fifty day moving average is $104.05 and its 200 day moving average is $106.11. First Trust Water ETF has a 52-week low of $96.10 and a 52-week high of $111.64.

First Trust Water ETF Company 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.