Janney Montgomery Scott LLC raised its stake in First Trust Water ETF (NYSEARCA:FIW) by 3.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,360 shares of the company’s stock after acquiring an additional 251 shares during the period. Janney Montgomery Scott LLC owned approximately 0.09% of First Trust Water ETF worth $413,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in FIW. MD Financial Management Inc. acquired a new position in First Trust Water ETF in the 2nd quarter valued at $14,658,000. Polianta Ltd acquired a new position in First Trust Water ETF in the 3rd quarter valued at $11,328,000. Beacon Harbor Wealth Advisors Inc. acquired a new position in First Trust Water ETF in the 3rd quarter valued at $6,474,000. Bank Hapoalim BM acquired a new position in First Trust Water ETF in the 2nd quarter valued at $4,156,000. Finally, NEXT Financial Group Inc raised its holdings in First Trust Water ETF by 33,126.0% in the 2nd quarter. NEXT Financial Group Inc now owns 33,226 shares of the company’s stock valued at $1,817,000 after acquiring an additional 33,126 shares in the last quarter.
Shares of FIW opened at $56.88 on Friday. First Trust Water ETF has a 52-week low of $41.21 and a 52-week high of $58.43. The business’s fifty day moving average is $56.47 and its 200-day moving average is $54.34.
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.
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