Sfmg LLC Reduces Stock Position in First Trust Water ETF (NYSEARCA:FIW)

Sfmg LLC lessened its position in shares of First Trust Water ETF (NYSEARCA:FIW) by 5.5% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 16,360 shares of the company’s stock after selling 950 shares during the quarter. Sfmg LLC owned 0.10% of First Trust Water ETF worth $1,636,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. ICA Group Wealth Management LLC purchased a new stake in First Trust Water ETF during the 4th quarter valued at about $27,000. Rothschild Investment LLC purchased a new stake in First Trust Water ETF during the 2nd quarter valued at about $30,000. SOA Wealth Advisors LLC. purchased a new stake in First Trust Water ETF during the 1st quarter valued at about $36,000. Larson Financial Group LLC boosted its stake in shares of First Trust Water ETF by 597.1% in 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 last quarter. Finally, Financial Perspectives Inc boosted its stake in shares of First Trust Water ETF by 21.2% in the second quarter. Financial Perspectives Inc now owns 1,374 shares of the company’s stock worth $137,000 after buying an additional 240 shares during the last quarter.

First Trust Water ETF Stock Down 0.1 %

Shares of FIW opened at $108.10 on Wednesday. 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 capitalization of $1.76 billion, a price-to-earnings ratio of 33.23 and a beta of 0.99. The stock’s 50-day moving average price is $105.26 and its 200-day moving average price is $102.70.

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.