Ignite Planners LLC Has $377,000 Position in First Trust Water ETF $FIW

Ignite Planners LLC raised its holdings in First Trust Water ETF (NYSEARCA:FIW) by 2.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,469 shares of the company’s stock after buying an additional 93 shares during the period. Ignite Planners LLC’s holdings in First Trust Water ETF were worth $377,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC increased its stake in First Trust Water ETF by 116.8% in the 1st quarter. Golden State Wealth Management LLC now owns 568 shares of the company’s stock valued at $57,000 after buying an additional 306 shares during the last quarter. Investors Research Corp increased its stake in shares of First Trust Water ETF by 19.9% during the 2nd quarter. Investors Research Corp now owns 705 shares of the company’s stock worth $76,000 after purchasing an additional 117 shares during the last quarter. N.E.W. Advisory Services LLC acquired a new position in shares of First Trust Water ETF during the 1st quarter worth about $133,000. Millstone Evans Group LLC acquired a new position in shares of First Trust Water ETF during the 1st quarter worth about $134,000. Finally, Larson Financial Group LLC increased its stake in shares of First Trust Water ETF by 9.1% during the 1st quarter. Larson Financial Group LLC now owns 1,359 shares of the company’s stock worth $137,000 after purchasing an additional 113 shares during the last quarter.

First Trust Water ETF Price Performance

First Trust Water ETF stock opened at $114.21 on Thursday. The firm has a market capitalization of $1.97 billion, a PE ratio of 24.17 and a beta of 1.01. The company’s 50-day moving average is $112.44 and its 200-day moving average is $107.02. First Trust Water ETF has a fifty-two week low of $89.31 and a fifty-two week high of $115.58.

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.