1832 Asset Management L.P. Sells 12,598 Shares of First Trust Water ETF (NYSEARCA:FIW)

1832 Asset Management L.P. cut its stake in shares of First Trust Water ETF (NYSEARCA:FIW) by 7.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 163,001 shares of the company’s stock after selling 12,598 shares during the quarter. 1832 Asset Management L.P. owned approximately 1.00% of First Trust Water ETF worth $16,297,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of FIW. Brown Advisory Inc. boosted its holdings in First Trust Water ETF by 9.6% in the fourth quarter. Brown Advisory Inc. now owns 3,666 shares of the company’s stock worth $348,000 after acquiring an additional 320 shares in the last quarter. Wells Fargo & Company MN raised its position in shares of First Trust Water ETF by 15.8% during the fourth quarter. Wells Fargo & Company MN now owns 466,293 shares of the company’s stock worth $44,204,000 after purchasing an additional 63,528 shares during the period. Assetmark Inc. lifted its holdings in shares of First Trust Water ETF by 144.8% in the 4th quarter. Assetmark Inc. now owns 6,428 shares of the company’s stock worth $609,000 after purchasing an additional 3,802 shares in the last quarter. Stifel Financial Corp grew its position in First Trust Water ETF by 71.8% in the 4th quarter. Stifel Financial Corp now owns 170,239 shares of the company’s stock valued at $16,139,000 after purchasing an additional 71,131 shares during the period. Finally, Focus Financial Network Inc. ADV bought a new stake in First Trust Water ETF during the 4th quarter valued at $289,000.

First Trust Water ETF Trading Up 0.6 %

FIW opened at $108.18 on Tuesday. First Trust Water ETF has a 1-year low of $77.11 and a 1-year high of $108.79. The company has a market cap of $1.76 billion, a price-to-earnings ratio of 33.23 and a beta of 0.99. The company’s fifty day moving average price is $105.22 and its two-hundred day moving average price is $102.64.

First Trust Water ETF 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.