Kestra Private Wealth Services LLC increased its holdings in First Trust Water ETF (NYSEARCA:FIW – Free Report) by 4.9% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 141,242 shares of the company’s stock after purchasing an additional 6,643 shares during the period. Kestra Private Wealth Services LLC’s holdings in First Trust Water ETF were worth $14,566,000 as of its most recent filing with the SEC.
A number of other hedge funds have also bought and sold shares of FIW. O Shaughnessy Asset Management LLC lifted its stake in First Trust Water ETF by 64.9% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 249 shares of the company’s stock valued at $27,000 after acquiring an additional 98 shares during the period. Godfrey Financial Associates Inc. bought a new stake in shares of First Trust Water ETF in the fourth quarter worth approximately $28,000. Evolution Wealth Management Inc. purchased a new position in shares of First Trust Water ETF during the fourth quarter valued at approximately $32,000. Ameriflex Group Inc. raised its holdings in shares of First Trust Water ETF by 150.0% during the third quarter. Ameriflex Group Inc. now owns 340 shares of the company’s stock valued at $38,000 after purchasing an additional 204 shares during the last quarter. Finally, Simplex Trading LLC bought a new position in First Trust Water ETF during the fourth quarter valued at approximately $45,000.
First Trust Water ETF Stock Up 2.0%
Shares of First Trust Water ETF stock opened at $107.33 on Thursday. First Trust Water ETF has a twelve month low of $98.52 and a twelve month high of $116.30. The company’s 50 day moving average is $105.04 and its 200 day moving average is $108.32. The company has a market cap of $1.84 billion, a price-to-earnings ratio of 24.17 and a beta of 1.01.
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. The Index is rebalanced on a semi-annual basis. The Fund will normally invest at least 90% of its assets in common stocks that comprise the Index.
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Want to see what other hedge funds are holding FIW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Water ETF (NYSEARCA:FIW – Free Report).
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