Janney Montgomery Scott LLC Purchases 14,162 Shares of First Trust Water ETF (NYSEARCA:FIW)

Janney Montgomery Scott LLC increased its position in First Trust Water ETF (NYSEARCA:FIW) by 88.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 30,114 shares of the company’s stock after purchasing an additional 14,162 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.19% of First Trust Water ETF worth $3,073,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Ameritas Advisory Services LLC boosted its position in shares of First Trust Water ETF by 164.7% in the 3rd quarter. Ameritas Advisory Services LLC now owns 72,186 shares of the company’s stock worth $7,892,000 after purchasing an additional 44,910 shares in the last quarter. SRS Capital Advisors Inc. boosted its holdings in First Trust Water ETF by 29.6% in the third quarter. SRS Capital Advisors Inc. now owns 168,604 shares of the company’s stock worth $18,433,000 after acquiring an additional 38,490 shares in the last quarter. Benjamin Edwards Inc. bought a new stake in First Trust Water ETF in the third quarter worth $4,063,000. Strategy Asset Managers LLC bought a new position in shares of First Trust Water ETF during the third quarter valued at $2,730,000. Finally, Jane Street Group LLC raised its position in shares of First Trust Water ETF by 291.6% in the 3rd quarter. Jane Street Group LLC now owns 16,899 shares of the company’s stock worth $1,848,000 after purchasing an additional 12,584 shares during the last quarter.

First Trust Water ETF Price Performance

Shares of First Trust Water ETF stock opened at $105.67 on Friday. The stock has a market cap of $1.72 billion, a price-to-earnings ratio of 33.23 and a beta of 0.99. First Trust Water ETF has a 1 year low of $91.73 and a 1 year high of $111.64. The firm’s 50-day moving average is $105.57 and its 200 day moving average is $106.16.

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.