Arthur M. Cohen & Associates LLC Cuts Position in First Trust Water ETF (NYSEARCA:FIW)

Arthur M. Cohen & Associates LLC reduced its holdings in shares of First Trust Water ETF (NYSEARCA:FIW) by 2.4% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 22,356 shares of the company’s stock after selling 548 shares during the quarter. Arthur M. Cohen & Associates LLC owned approximately 0.13% of First Trust Water ETF worth $2,251,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. DAVENPORT & Co LLC grew its holdings in shares of First Trust Water ETF by 4.7% during the 4th quarter. DAVENPORT & Co LLC now owns 8,442 shares of the company’s stock worth $861,000 after purchasing an additional 377 shares during the period. U.S. Capital Wealth Advisors LLC increased its stake in First Trust Water ETF by 4.9% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 13,975 shares of the company’s stock valued at $1,426,000 after purchasing an additional 655 shares during the last quarter. Tempus Wealth Planning LLC raised its position in shares of First Trust Water ETF by 7.4% during the 4th quarter. Tempus Wealth Planning LLC now owns 1,995 shares of the company’s stock worth $204,000 after purchasing an additional 137 shares during the period. Silver Oak Securities Incorporated bought a new stake in First Trust Water ETF in the fourth quarter valued at $232,000. Finally, Measured Wealth Private Client Group LLC grew its holdings in First Trust Water ETF by 7.7% in the 4th quarter. Measured Wealth Private Client Group LLC now owns 9,804 shares of the company’s stock worth $1,000,000 after buying an additional 705 shares in the last quarter.

First Trust Water ETF Stock Performance

Shares of NYSEARCA:FIW opened at $106.96 on Thursday. The stock has a market capitalization of $1.84 billion, a price-to-earnings ratio of 26.01 and a beta of 1.04. The company has a 50 day moving average price of $101.08 and a 200 day moving average price of $103.40. First Trust Water ETF has a 1-year low of $89.31 and a 1-year high of $111.64.

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.