TAP Consulting LLC Increases Stake in First Trust Water ETF (NYSEARCA:FIW)

TAP Consulting LLC lifted its stake in First Trust Water ETF (NYSEARCA:FIW) by 3.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,996 shares of the company’s stock after buying an additional 488 shares during the quarter. TAP Consulting LLC owned about 0.09% of First Trust Water ETF worth $1,327,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. International Assets Investment Management LLC purchased a new stake in shares of First Trust Water ETF during the fourth quarter worth about $69,109,000. LPL Financial LLC grew its position in shares of First Trust Water ETF by 9.0% during the third quarter. LPL Financial LLC now owns 627,373 shares of the company’s stock valued at $51,915,000 after purchasing an additional 51,616 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of First Trust Water ETF by 2.3% in the third quarter. Commonwealth Equity Services LLC now owns 273,544 shares of the company’s stock worth $22,636,000 after purchasing an additional 6,123 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of First Trust Water ETF by 8.0% in the third quarter. Envestnet Asset Management Inc. now owns 171,818 shares of the company’s stock worth $14,218,000 after buying an additional 12,662 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. lifted its position in shares of First Trust Water ETF by 4.4% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 135,724 shares of the company’s stock worth $12,866,000 after buying an additional 5,683 shares in the last quarter.

First Trust Water ETF Stock Down 0.2 %

NYSEARCA FIW traded down $0.19 during trading on Thursday, hitting $99.65. 28,169 shares of the stock traded hands, compared to its average volume of 40,248. First Trust Water ETF has a 12-month low of $77.11 and a 12-month high of $102.55. The firm has a 50-day simple moving average of $99.14 and a 200-day simple moving average of $92.38. The company has a market capitalization of $1.61 billion, a P/E ratio of 31.25 and a beta of 0.97.

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.