Envestnet Asset Management Inc. Increases Position in First Trust Water ETF (NYSEARCA:FIW)

Envestnet Asset Management Inc. lifted its holdings in shares of First Trust Water ETF (NYSEARCA:FIW) by 1.0% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 186,040 shares of the company’s stock after buying an additional 1,803 shares during the period. Envestnet Asset Management Inc. owned approximately 1.14% of First Trust Water ETF worth $18,600,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in FIW. Leelyn Smith LLC purchased a new position in First Trust Water ETF in the 2nd quarter valued at $481,000. CoreCap Advisors LLC purchased a new stake in shares of First Trust Water ETF in the second quarter valued at about $899,000. Oppenheimer & Co. Inc. boosted its holdings in shares of First Trust Water ETF by 1.0% in the second quarter. Oppenheimer & Co. Inc. now owns 68,564 shares of the company’s stock valued at $6,855,000 after acquiring an additional 674 shares in the last quarter. Eagle Strategies LLC acquired a new position in shares of First Trust Water ETF during the second quarter worth about $1,087,000. Finally, LPL Financial LLC raised its holdings in First Trust Water ETF by 9.5% during the second quarter. LPL Financial LLC now owns 694,618 shares of the company’s stock worth $69,448,000 after purchasing an additional 59,991 shares in the last quarter.

First Trust Water ETF Trading Up 0.6 %

Shares of FIW opened at $108.18 on Tuesday. The stock’s 50 day moving average is $105.22 and its two-hundred day moving average is $102.64. First Trust Water ETF has a twelve month low of $77.11 and a twelve month high of $108.79. The firm has a market capitalization of $1.76 billion, a PE ratio of 33.23 and a beta of 0.99.

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.