Florin Court Capital LLP Trims Stock Holdings in First Trust Water ETF $FIW

Florin Court Capital LLP lowered its holdings in First Trust Water ETF (NYSEARCA:FIW) by 4.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,139 shares of the company’s stock after selling 461 shares during the period. First Trust Water ETF makes up about 1.1% of Florin Court Capital LLP’s holdings, making the stock its 23rd biggest position. Florin Court Capital LLP owned about 0.06% of First Trust Water ETF worth $1,095,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Ipsen Advisor Group LLC grew its stake in First Trust Water ETF by 4.2% in the 2nd quarter. Ipsen Advisor Group LLC now owns 11,630 shares of the company’s stock valued at $1,256,000 after buying an additional 467 shares in the last quarter. Bryn Mawr Trust Advisors LLC lifted its position in shares of First Trust Water ETF by 3.6% during the second quarter. Bryn Mawr Trust Advisors LLC now owns 4,878 shares of the company’s stock worth $527,000 after acquiring an additional 170 shares in the last quarter. Moors & Cabot Inc. boosted its holdings in shares of First Trust Water ETF by 0.7% in the second quarter. Moors & Cabot Inc. now owns 17,794 shares of the company’s stock worth $1,921,000 after acquiring an additional 116 shares during the period. RFG Bristol Wealth Advisors LLC boosted its holdings in shares of First Trust Water ETF by 100.7% in the second quarter. RFG Bristol Wealth Advisors LLC now owns 18,654 shares of the company’s stock worth $2,014,000 after acquiring an additional 9,361 shares during the period. Finally, GPS Wealth Strategies Group LLC grew its position in shares of First Trust Water ETF by 11.6% in the second quarter. GPS Wealth Strategies Group LLC now owns 3,394 shares of the company’s stock valued at $366,000 after purchasing an additional 354 shares in the last quarter.

First Trust Water ETF Stock Performance

NYSEARCA:FIW opened at $111.41 on Friday. First Trust Water ETF has a 52-week low of $89.31 and a 52-week high of $116.16. The firm has a market cap of $1.94 billion, a price-to-earnings ratio of 24.17 and a beta of 1.05. The business’s fifty day moving average is $112.75 and its 200 day moving average is $109.48.

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.