Farther Finance Advisors LLC Sells 151 Shares of First Trust Water ETF (NYSEARCA:FIW)

Farther Finance Advisors LLC decreased its stake in shares of First Trust Water ETF (NYSEARCA:FIW) by 25.3% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 446 shares of the company’s stock after selling 151 shares during the quarter. Farther Finance Advisors LLC’s holdings in First Trust Water ETF were worth $49,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Rothschild Investment LLC bought a new position in shares of First Trust Water ETF during the second quarter worth $30,000. Values First Advisors Inc. bought a new position in shares of First Trust Water ETF during the third quarter worth $52,000. Larson Financial Group LLC boosted its position in shares of 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 acquiring an additional 1,015 shares during the last quarter. Financial Perspectives Inc boosted its position in shares of First Trust Water ETF by 21.2% during the second quarter. Financial Perspectives Inc now owns 1,374 shares of the company’s stock worth $137,000 after acquiring an additional 240 shares during the last quarter. Finally, Tempus Wealth Planning LLC bought a new position in shares of First Trust Water ETF during the third quarter worth $203,000.

First Trust Water ETF Stock Performance

Shares of NYSEARCA:FIW opened at $109.32 on Thursday. First Trust Water ETF has a fifty-two week low of $83.92 and a fifty-two week high of $111.64. The firm has a fifty day moving average price of $107.26 and a 200 day moving average price of $104.74. The firm has a market cap of $1.78 billion, a price-to-earnings ratio of 33.23 and a beta of 0.99.

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.