Concurrent Investment Advisors LLC Increases Holdings in First Trust Water ETF $FIW

Concurrent Investment Advisors LLC boosted its stake in shares of First Trust Water ETF (NYSEARCA:FIW) by 14.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,488 shares of the company’s stock after buying an additional 434 shares during the period. Concurrent Investment Advisors LLC’s holdings in First Trust Water ETF were worth $377,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in FIW. Golden State Wealth Management LLC raised its holdings in shares of First Trust Water ETF by 116.8% during the 1st quarter. Golden State Wealth Management LLC now owns 568 shares of the company’s stock worth $57,000 after acquiring an additional 306 shares during the period. Investors Research Corp increased its position in First Trust Water ETF by 19.9% during the second quarter. Investors Research Corp now owns 705 shares of the company’s stock worth $76,000 after purchasing an additional 117 shares during the last quarter. N.E.W. Advisory Services LLC purchased a new position in First Trust Water ETF during the first quarter worth about $133,000. Millstone Evans Group LLC acquired a new position in First Trust Water ETF in the 1st quarter valued at about $134,000. Finally, Larson Financial Group LLC boosted its holdings in First Trust Water ETF by 9.1% in the 1st quarter. Larson Financial Group LLC now owns 1,359 shares of the company’s stock valued at $137,000 after purchasing an additional 113 shares during the last quarter.

First Trust Water ETF Price Performance

First Trust Water ETF stock opened at $113.45 on Friday. The firm has a 50 day simple moving average of $112.83 and a 200-day simple moving average of $107.61. The stock has a market cap of $1.97 billion, a price-to-earnings ratio of 24.17 and a beta of 1.01. First Trust Water ETF has a 1-year low of $89.31 and a 1-year high of $115.58.

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.