Envestnet Portfolio Solutions Inc. Has $806,000 Position in First Trust Water ETF $FIW

Envestnet Portfolio Solutions Inc. reduced its holdings in shares of First Trust Water ETF (NYSEARCA:FIW) by 1.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,462 shares of the company’s stock after selling 131 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in First Trust Water ETF were worth $806,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. LPL Financial LLC grew its holdings in First Trust Water ETF by 3.9% during the 1st quarter. LPL Financial LLC now owns 844,947 shares of the company’s stock worth $85,095,000 after acquiring an additional 32,085 shares during the period. Jones Financial Companies Lllp acquired a new stake in First Trust Water ETF during the 1st quarter worth about $43,319,000. Commonwealth Equity Services LLC grew its holdings in First Trust Water ETF by 5.9% during the 1st quarter. Commonwealth Equity Services LLC now owns 315,981 shares of the company’s stock worth $31,822,000 after acquiring an additional 17,539 shares during the period. Raymond James Financial Inc. boosted its position in shares of First Trust Water ETF by 22.3% during the 1st quarter. Raymond James Financial Inc. now owns 227,482 shares of the company’s stock worth $22,910,000 after purchasing an additional 41,417 shares in the last quarter. Finally, Cetera Investment Advisers boosted its position in shares of First Trust Water ETF by 7.4% during the 1st quarter. Cetera Investment Advisers now owns 133,513 shares of the company’s stock worth $13,446,000 after purchasing an additional 9,170 shares in the last quarter.

First Trust Water ETF Price Performance

FIW stock opened at $113.45 on Monday. The stock 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 $112.83 and its 200-day moving average is $107.68. First Trust Water ETF has a 1 year low of $89.31 and a 1 year 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.