Benjamin F. Edwards & Company Inc. Grows Stock Position in First Trust Water ETF (NYSEARCA:FIW)

Benjamin F. Edwards & Company Inc. boosted its position in First Trust Water ETF (NYSEARCA:FIW) by 0.4% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 37,564 shares of the company’s stock after buying an additional 140 shares during the period. Benjamin F. Edwards & Company Inc. owned approximately 0.23% of First Trust Water ETF worth $3,756,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Global Assets Advisory LLC acquired a new stake in shares of First Trust Water ETF in the 1st quarter valued at approximately $26,891,000. Stifel Financial Corp lifted its holdings in First Trust Water ETF by 71.8% in the fourth quarter. Stifel Financial Corp now owns 170,239 shares of the company’s stock valued at $16,139,000 after acquiring an additional 71,131 shares during the period. Cetera Advisors LLC boosted its position in shares of First Trust Water ETF by 556.1% during the 1st quarter. Cetera Advisors LLC now owns 78,101 shares of the company’s stock worth $7,974,000 after purchasing an additional 66,197 shares in the last quarter. Wells Fargo & Company MN grew its stake in shares of First Trust Water ETF by 15.8% during the 4th quarter. Wells Fargo & Company MN now owns 466,293 shares of the company’s stock worth $44,204,000 after purchasing an additional 63,528 shares during the period. Finally, LPL Financial LLC increased its holdings in shares of First Trust Water ETF by 9.5% in the 2nd quarter. LPL Financial LLC now owns 694,618 shares of the company’s stock valued at $69,448,000 after purchasing an additional 59,991 shares in the last quarter.

First Trust Water ETF Trading Down 1.1 %

FIW stock opened at $107.54 on Friday. The company’s 50-day moving average price is $105.12 and its 200 day moving average price is $102.55. First Trust Water ETF has a 52 week low of $77.11 and a 52 week high of $108.79. The company has a market cap of $1.75 billion, a P/E ratio of 33.23 and a beta of 0.99.

First Trust Water ETF Company 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.