First Trust Water ETF (NYSEARCA:FIW – Get Free Report) shares saw unusually-high trading volume on Monday . Approximately 148,444 shares traded hands during mid-day trading, an increase of 176% from the previous session’s volume of 53,870 shares.The stock last traded at $109.77 and had previously closed at $110.47.
First Trust Water ETF Price Performance
The business has a 50 day simple moving average of $109.48 and a 200 day simple moving average of $107.51. The company has a market capitalization of $1.87 billion, a price-to-earnings ratio of 24.17 and a beta of 0.99.
Hedge Funds Weigh In On First Trust Water ETF
Several hedge funds have recently bought and sold shares of FIW. C M Bidwell & Associates Ltd. purchased a new stake in First Trust Water ETF during the second quarter worth about $26,000. O Shaughnessy Asset Management LLC boosted its stake in shares of First Trust Water ETF by 64.9% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 249 shares of the company’s stock valued at $27,000 after purchasing an additional 98 shares during the period. Godfrey Financial Associates Inc. purchased a new position in shares of First Trust Water ETF in the fourth quarter valued at approximately $28,000. Field & Main Bank acquired a new position in shares of First Trust Water ETF in the second quarter valued at approximately $31,000. Finally, Evolution Wealth Management Inc. acquired a new position in shares of First Trust Water ETF in the fourth quarter valued at approximately $32,000.
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.
Featured Articles
- Five stocks we like better than First Trust Water ETF
- Securing AI: 5 Most-Upgraded Stocks From the Q2 Reporting Season
- Insiders Are Betting Big on These 3 Healthcare Stocks
- 3 Stocks for Investors Who Still Believe Cash Is King
- Dollar General and Dollar Tree Are Recovering, But Not for the Same Reason
Receive News & Ratings for First Trust Water ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Water ETF and related companies with MarketBeat.com's FREE daily email newsletter.
