186,064 Shares in First Trust Water ETF (NYSEARCA:FIW) Purchased by Raymond James Financial Inc.

Raymond James Financial Inc. purchased a new position in First Trust Water ETF (NYSEARCA:FIW) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 186,064 shares of the company’s stock, valued at approximately $18,988,000. Raymond James Financial Inc. owned approximately 1.15% of First Trust Water ETF at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Golden State Wealth Management LLC bought a new position in shares of First Trust Water ETF in the 4th quarter worth about $27,000. SBI Securities Co. Ltd. bought a new position in shares of First Trust Water ETF in the 4th quarter worth about $49,000. Copley Financial Group Inc. bought a new position in shares of First Trust Water ETF in the 3rd quarter worth about $62,000. Kestra Investment Management LLC bought a new position in shares of First Trust Water ETF in the 4th quarter worth about $80,000. Finally, Empowered Funds LLC bought a new position in shares of First Trust Water ETF in the 4th quarter worth about $93,000.

First Trust Water ETF Price Performance

Shares of First Trust Water ETF stock opened at $101.64 on Monday. The firm has a market cap of $1.75 billion, a price-to-earnings ratio of 25.44 and a beta of 1.04. First Trust Water ETF has a 1 year low of $96.29 and a 1 year high of $111.64. The company has a 50-day moving average of $103.85 and a 200 day moving average of $105.90.

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.