Flagship Harbor Advisors LLC Boosts Stock Position in First Trust Water ETF $FIW

Flagship Harbor Advisors LLC grew its stake in shares of First Trust Water ETF (NYSEARCA:FIW) by 11.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,890 shares of the company’s stock after acquiring an additional 730 shares during the period. Flagship Harbor Advisors LLC’s holdings in First Trust Water ETF were worth $744,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. LPL Financial LLC lifted its position in shares of First Trust Water ETF by 3.9% during the first 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 in the last quarter. Jones Financial Companies Lllp bought a new position in shares of First Trust Water ETF in the first quarter worth approximately $43,319,000. Commonwealth Equity Services LLC grew its holdings in shares of First Trust Water ETF by 5.9% in the first quarter. Commonwealth Equity Services LLC now owns 315,981 shares of the company’s stock worth $31,822,000 after purchasing an additional 17,539 shares during the last quarter. Raymond James Financial Inc. grew its holdings in shares of First Trust Water ETF by 22.3% in the first 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 during the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in shares of First Trust Water ETF by 4.2% in the second quarter. Envestnet Asset Management Inc. now owns 199,163 shares of the company’s stock worth $21,506,000 after purchasing an additional 8,110 shares during the last quarter.

First Trust Water ETF Trading Down 1.1%

First Trust Water ETF stock opened at $111.16 on Friday. The firm has a 50-day moving average of $113.07 and a 200-day moving average of $108.85. The firm has a market cap of $1.93 billion, a P/E ratio of 24.17 and a beta of 1.05. First Trust Water ETF has a 1-year low of $89.31 and a 1-year high of $116.16.

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.