William John Sempolinski purchased a new position in First Trust Water ETF (NYSEARCA:FIW – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 26,594 shares of the company’s stock, valued at approximately $2,913,000. First Trust Water ETF accounts for approximately 1.2% of William John Sempolinski’s investment portfolio, making the stock its 20th largest holding. William John Sempolinski owned about 0.16% of First Trust Water ETF at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Signature Estate & Investment Advisors LLC raised its stake in First Trust Water ETF by 0.9% in the fourth quarter. Signature Estate & Investment Advisors LLC now owns 9,924 shares of the company’s stock worth $1,078,000 after buying an additional 92 shares in the last quarter. O Shaughnessy Asset Management LLC boosted its position 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 in the last quarter. Marshall & Sterling Wealth Advisors Inc. increased its holdings in shares of First Trust Water ETF by 4.2% in the 1st quarter. Marshall & Sterling Wealth Advisors Inc. now owns 2,646 shares of the company’s stock valued at $273,000 after acquiring an additional 106 shares during the period. IFP Advisors Inc increased its holdings in shares of First Trust Water ETF by 17.7% in the 4th quarter. IFP Advisors Inc now owns 731 shares of the company’s stock valued at $79,000 after acquiring an additional 110 shares during the period. Finally, Cibc World Market Inc. increased its holdings in shares of First Trust Water ETF by 0.8% in the 4th quarter. Cibc World Market Inc. now owns 14,936 shares of the company’s stock valued at $1,623,000 after acquiring an additional 113 shares during the period.
First Trust Water ETF Trading Up 0.1%
FIW opened at $108.87 on Friday. The firm has a market cap of $1.86 billion, a price-to-earnings ratio of 24.17 and a beta of 0.99. First Trust Water ETF has a 12 month low of $98.52 and a 12 month high of $116.30. The stock has a fifty day moving average price of $109.60 and a 200-day moving average price of $107.37.
First Trust Water ETF 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. 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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