First Trust Water ETF (NYSEARCA:FIW) Shares Sold by Assetmark Inc.

Assetmark Inc. trimmed its position in First Trust Water ETF (NYSEARCA:FIW) by 94.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 686 shares of the company’s stock after selling 12,520 shares during the period. Assetmark Inc.’s holdings in First Trust Water ETF were worth $70,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. SRS Capital Advisors Inc. boosted its holdings in shares of First Trust Water ETF by 2.4% during the 4th quarter. SRS Capital Advisors Inc. now owns 172,605 shares of the company’s stock worth $17,614,000 after purchasing an additional 4,001 shares during the last quarter. Truist Financial Corp boosted its holdings in shares of First Trust Water ETF by 8.4% during the 4th quarter. Truist Financial Corp now owns 105,799 shares of the company’s stock worth $10,797,000 after purchasing an additional 8,240 shares during the last quarter. Ameritas Advisory Services LLC boosted its holdings in shares of First Trust Water ETF by 28.2% during the 4th quarter. Ameritas Advisory Services LLC now owns 92,560 shares of the company’s stock worth $9,446,000 after purchasing an additional 20,374 shares during the last quarter. Kestra Private Wealth Services LLC boosted its holdings in shares of First Trust Water ETF by 8.5% during the 4th quarter. Kestra Private Wealth Services LLC now owns 66,723 shares of the company’s stock worth $6,809,000 after purchasing an additional 5,205 shares during the last quarter. Finally, Private Advisor Group LLC boosted its holdings in shares of First Trust Water ETF by 1.3% during the 4th quarter. Private Advisor Group LLC now owns 66,473 shares of the company’s stock worth $6,784,000 after purchasing an additional 855 shares during the last quarter.

First Trust Water ETF Price Performance

Shares of First Trust Water ETF stock opened at $101.64 on Friday. The stock has a market cap of $1.75 billion, a P/E ratio of 25.44 and a beta of 1.04. The stock’s 50 day simple moving average is $103.85 and its 200-day simple moving average is $105.91. First Trust Water ETF has a 1-year low of $96.29 and a 1-year high of $111.64.

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.