Garden State Investment Advisory Services LLC Increases Stock Position in First Trust Water ETF (NYSEARCA:FIW)

Garden State Investment Advisory Services LLC lifted its position in shares of First Trust Water ETF (NYSEARCA:FIW) by 9.4% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,590 shares of the company’s stock after buying an additional 395 shares during the period. Garden State Investment Advisory Services LLC’s holdings in First Trust Water ETF were worth $459,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in FIW. ICA Group Wealth Management LLC acquired a new stake in First Trust Water ETF during the fourth quarter worth about $27,000. Rothschild Investment LLC acquired a new stake in First Trust Water ETF during the 2nd quarter worth approximately $30,000. Strategic Financial Concepts LLC acquired a new stake in First Trust Water ETF during the 2nd quarter worth approximately $32,000. SOA Wealth Advisors LLC. acquired a new position in First Trust Water ETF during the first quarter valued at approximately $36,000. Finally, Larson Financial Group LLC grew its stake in First Trust Water ETF by 597.1% during the second quarter. Larson Financial Group LLC now owns 1,185 shares of the company’s stock worth $119,000 after buying an additional 1,015 shares during the period.

First Trust Water ETF Stock Down 1.1 %

First Trust Water ETF stock opened at $107.54 on Friday. The firm has a market capitalization of $1.75 billion, a P/E ratio of 33.23 and a beta of 0.99. The firm has a fifty day moving average of $105.12 and a 200-day moving average of $102.52. First Trust Water ETF has a 52-week low of $77.11 and a 52-week high of $108.79.

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.