Accel Wealth Management Has $237,000 Stock Position in First Trust Water ETF $FIW

Accel Wealth Management lowered its stake in First Trust Water ETF (NYSEARCA:FIW) by 5.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,196 shares of the company’s stock after selling 115 shares during the period. Accel Wealth Management’s holdings in First Trust Water ETF were worth $237,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC boosted its position in First Trust Water ETF by 67.5% in the first quarter. Janney Montgomery Scott LLC now owns 50,454 shares of the company’s stock valued at $5,081,000 after buying an additional 20,340 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of First Trust Water ETF by 5.2% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 7,593 shares of the company’s stock worth $765,000 after purchasing an additional 373 shares during the period. HighTower Advisors LLC lifted its holdings in shares of First Trust Water ETF by 6.6% during the first quarter. HighTower Advisors LLC now owns 25,998 shares of the company’s stock worth $2,618,000 after purchasing an additional 1,602 shares during the period. KWB Wealth acquired a new position in shares of First Trust Water ETF during the second quarter worth $255,000. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in shares of First Trust Water ETF by 227.5% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 10,146 shares of the company’s stock worth $1,035,000 after purchasing an additional 7,048 shares during the period.

First Trust Water ETF Stock Performance

Shares of NYSEARCA:FIW opened at $113.81 on Monday. The firm has a market cap of $1.96 billion, a PE ratio of 24.17 and a beta of 1.01. The firm’s fifty day moving average is $112.19 and its 200-day moving average is $106.83. First Trust Water ETF has a 52 week low of $89.31 and a 52 week high of $115.58.

First Trust Water ETF 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.